Pre-market at a glance

           

1. Previous day Nifty spot closed at 13760.55
2. Previous day Nifty futures closed at 13762.10
3. Previous day Bank Nifty spot closed at 30714.65
4. Previous day Bank Nifty futures closed at 30686
5.  At 8:00 AM SGX Nifty is flat
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold is at 1900
8. At 8:00 AM Comex silver is at 26.835
9. Finance minister to chair pre-budget consultation with infra, energy sectors
10. Reliance industries should be watched
11. US Congress seals stimulus deal reached an agreement on a $900 billion relief package
12. As mentioned earlier Gold and silver should be watched. Remember that Silver will outperform Gold
13. Dollar Index has bounced back a little. Asian cues are also flat to negative due to the new strain of coronavirus which has been found in UK
14. Overall market has a positive bias till Nifty breaches 13600  on the downside
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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