Pre-market at a glance

1. Previous day Nifty spot closed at 10901.70
2. Previous day Nifty futures closed at 10931
3. Previous day Bank Nifty spot closed at 21966.8
4. Previous day Bank Nifty futures closed at 22080.95
5.  At 8:00 AM SGX Nifty is almost 0.40% down
6. At 8:00 AM Dow futures is 0.45% down
7. At 8:00 AM Comex gold hovering around 1808
8. At 8:00 AM both Brent and WTI crude are down by 0.50% each
9. Reliance made a doji in weekly, should be watched cautiously
10. SC hearing telecom AGR matter today at 2:00 PM. Meanwhile, over the weekend, Vodafone idea paid an additional Rs 1000 cr towards its AGR dues. It has paid a total of Rs 7850 cr so far, which turns to 13.5% of the total dues as per DoT
11. Govt may allow 100% FDI in completed housing projects
12. HDFC Bank strong results, should be watched
13. Nifty gave a closing above 200 DMA, fresh longs should be avoided because risk reward is not favorable now
14. FII turned positive in cash market
15. Something big should happen this week, be prepared

Disclaimer:

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