Pre Market Report, January 14, 2016 | Stocks and Commodities

January 14, 2016
Time: 9 am

Pre Market Report:

1. Yesterday night I wrote 'Post Market Report' and I wrote that Dow futures were up more than 100 points.
2. But at the end of the day, Dow closed 365 points down which was a swing of about 500 points.
3. What can change in one night in stock markets?
4. US markets have fallen more than 105 in less than 10 days in 2016.
5. Japan has also fallen by more than 10%.
6. Many markets have fallen by more than 10% in 2016.
7. Yesterday FIIs have sold just for Rs 75 crores and DIIs have bought for over 600 crores and we thought markets may stabilise here, then comes nearly 100 points gap down in Nifty due to global factors.
8. Infosys results are yet to come though they said they will release the results at 8.45 am.
9. There is room for disappointment as the stock has gone up yesterday anticipating good results.
10. So be ready for roller coaster ride once again.
11. Markets may recover intraday due to good local cues.