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Pre Market Report, July 21, 2015

July 21, 2015
Time: 8.40 am

Pre Market Report:


  1. US markets closed marginally higher.
  2. Asian markets are mostly flat.
  3. SGX Nifty is also trading flat.
  4. Gold came under selling pressure again, fell below US$1100 again and trading now at US$1103.
  5. There are three key results today that will decide the trend of the market.
  6. Infosys and HDFC Bank will be more important than Asian Paints.
  7. Infosys will declare results at 8.45 am and the impact will be seen before the markets open.
  8. LIC Housing Finance has declared very good results and it will be in focus in today's trade.
  9. Other housing finance companies may also do better.
  10. Ashok Leyland has broken out and trading at 52 week high.
  11. Sun Pharma has issued profit warning and may be under pressure today.
  12. The range for Nifty future is difficult to predict before Infosys results.



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