Pre Market Report, April 10, 2015 | Stocks and Commodities

April 10, 2015
Time: 8.25 am

Pre Market Report:

1. US markets were up yesterday.
2. Asian markets are marginally up.
3. SGX Nifty is flat.
4. FIIs buy figure of Rs 194 crore yesterday was not impressive.
5. However DIIs have bought for Rs 493 crores which is a decent figure.
6. It is due to huge DII buying, PSU Banks have been out performing Private Sector Banks.
7. PNB was the top performer yesterday.
8. Moody's upgrade of PSU Banks will make sure further interest in PSU Banks.
9. FIIs have bought for about 800 crores in options.
10. Nifty 8500 Put has the highest open interest.
11. On the higher side, Nifty 9000 Call has the highest open interest.
12. US earnings season started well with Alcoa declaring better results.
13. Our results will start coming from next week.
14. Markets are expected to trade sideways in the first half of the session.
15. There may be some sharp move either upside or downside towards the end of the session.