Pre-market at a glance

 

1. Previous day Nifty spot closed at 11333.85
2. Previous day Nifty futures closed at 11375
3. Previous day Bank Nifty spot closed at 23011.5
4. Previous day Bank Nifty futures closed at 23084
5.  At 8:00 AM SGX Nifty is down by 0.5%
6. At 8:00 AM Dow futures is flat 
7. At 8:00 AM Comex gold is at 1944.8
8. At 8:00 AM Comex silver is at 27.29
9. Vodafone Idea's management to address press conference for a strategic announcement at 11:45am, hence, no fear of shutting down
10. Happiest Minds Tech IPO at 165-166 rupees per share open for sale, offer to close on Sept 9
11. Auto stocks like Maruti and Asokley should be watched
12. Nifty should move inside a range of 11450-11300, either side breakout will initiate further momentum
13. Bank Nifty will face resistance from higher levels, moratorium case is still pending
14. US markets close tonight due to Labour Day 
15. USDINR 72.5-73 is the level to watch

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