Pre Market Report, April 27, 2015 | Stocks and Commodities

April 27, 2015
Time: 8.25 am

Pre Market Report:

1. US markets are at record high.
2. Many Asian markets are trading at multi year highs.
3. Most markets are trading at year's high.
4. But our markets set up is such that people are talking about Nifty taking support at 8000, 8200, Nifty breaking 200 DMA, bad corporate results, poor monsoon, FII MAT issue etc.
5. This MAT issue has the potential to destabilise our markets.
6. Every time Govt. try to do something against, FIIs, uniformly every time markets crashes and Govt. compromises and FIIs win.
7. This time also it is no different.
8. Arun Jaitley is following the path Pranab rather P Chidambaram.
9. SGX Nifty is marginally higher.
10. Maruti and ICICI Bank will declare results. Maruti is expected to declare good results. ICICI, we have to wait and see whether it can impact Bank Nifty positively.
11. Nifty future premium may shrink today if markets fall once again.
12. Markets are going to be highly volatile, going by the FII sell figures.