yatheendradas c.k.
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PRE MARKET

Yatheendradas C.k. at 08:53 AM - Jun 05, 2014 ( ) Views: 429

Our Markets seen opening flat-negative  and likely to trade sideways to positive.

At 08:50 a.m., SGX Nifty  were trading 2.00 points lowerr at 7,410.00 indicating a flat-to-Negative opening on the domestic market. 

Contract MonthOpenHighLowCloseLast TradedChangeOpen InterestYesterday
E June 14 7,415.50 7,420.00 7,402.50 0.00 7,410.00 -2.00 349,586 7,412.00

Asia’s benchmark stock index traded near a seven-month high after better-than-forecast data on U.S. service industries and as investors await a European Central Bank policy decision.

U.S. stocks rose, with benchmark indexes at record levels, amid better-than-forecast data on service industries before a European Central Bank decision on stimulus and a monthly employment report.

The Standard & Poor’s 500 Index (SPX) gained 0.2 percent to 1,927.88  in New York, reaching an all-time high. The Dow Jones Industrial Average gained 15.19 points, or less than 0.1 percent, to 16,737.53 after climbing to a record on June 2. The Nasdaq Composite Index added 0.4 percen 

Selective buying can be expected in the second half.
PIVOT POINT
  R1 R2 S1 S2
NIFTY 7,426.58 7,450.92 7,384.63 7,367.02
SENSEX 24,896.51 24,987.19 24,744.54 24,683.25

 

 


 



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