Pre Market Report, July 20, 2015 | Stocks and Commodities

July 20, 2015
Time: 9 am

Pre Market Report:

1. Nasdaq closed at another all time high on Friday.
2. There were no negative cues from Europe over the week end.
3. Asian markets are cautiously optimistic.
4. Asian shares are trading marginally higher.
5. Greek Banks will reopen today but restrictions remain with regard to bank withdrawals.
6. SGX Nifty is trading marginally higher.
7. Gold fell more than 3% and traded below US1100 per ounce today morning in Asian trade.
8. There are no important stock specific news today.
9. Infosys will be in focus as its results are due tomorrow.
10. FIIs have bought heavily in the last two trading sessions will limit the downside.
11. Nifty future is expected to trade between 8580 and 8680.