July 21, 2015
Time: 8.40 am
Pre Market Report:
Time: 8.40 am
Pre Market Report:
- US markets closed marginally higher.
- Asian markets are mostly flat.
- SGX Nifty is also trading flat.
- Gold came under selling pressure again, fell below US$1100 again and trading now at US$1103.
- There are three key results today that will decide the trend of the market.
- Infosys and HDFC Bank will be more important than Asian Paints.
- Infosys will declare results at 8.45 am and the impact will be seen before the markets open.
- LIC Housing Finance has declared very good results and it will be in focus in today's trade.
- Other housing finance companies may also do better.
- Ashok Leyland has broken out and trading at 52 week high.
- Sun Pharma has issued profit warning and may be under pressure today.
- The range for Nifty future is difficult to predict before Infosys results.
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