Pre-market at a glance

 

1. Previous day Nifty spot closed at 13113.75
2. Previous day Nifty futures closed at 13148.3
3. Previous day Bank Nifty spot closed at 29463.15
4. Previous day Bank Nifty futures closed at 29543.05
5.  At 8:00 AM SGX Nifty is 0.34% up
6. At 8:00 AM Dow futures is 0.10% up 
7. At 8:00 AM Comex gold is at 1835
8. At 8:00 AM Comex silver is at 24.115
9. Indian Railways ' freight loading in the month of November 2020, at 109.68 MT vs 100.96 MT i.e. 9% up YOY
10. #Adani Ports : Promoters Gautam Adani and Rajesh Adani revoked pledge of 1.42 cr shares on Dec1
11. # Adani Transmission : Promoters revoked pledge of 17 lakh shares on Dec 1 
12. #Adani Enterprise : Promoters revoked pledge of 40 lakh shares on Dec 1...rest is known to everyone that how the Adani group shares performed in the past few days
13. Dollar index has breached the important level of 91, hence, USDINR should appreciate
14. If the above point materialize then its really good for NIFTY and broader markets as a whole
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously.

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