Pre Market Report, January 25, 2016 | Stocks and Commodities

January 25, 2016
Time: 8.15 am

Pre Market Report:

1. Asian markets are maintaining positive momentum as expected.
2. SGX Nifty is trading around 7450.
3. Crude oil is stabilising.
4. HDFC Bank results will have some impact on Bank Nifty.
5. So far corporate results have been good.
6. Our markets have fallen mainly due to FII selling and bad global cues.
7. That may change slowly and Nifty may expire above 7500.
8. Some people are so bullish and they expect Nifty expiry around 7600.
9. Markets are hugely over sold and hence anything is possible.
10. Since the markets sentiment has changed, now people will buy on dips rather than sell on rallies.
11. But due to holiday tomorrow and Expiry on Thursday, our markets will show some volatility.
12. So hope for a better session today.