Here s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 61.50 points, or 0.41 per cent, higher at 15,222 in signs that Dalal Street was headed for a positive start on Wednesday.
Tech View: Nifty eyes swing high
Nifty50 on Tuesday climbed over 1 per cent and formed a small bullish candle on the daily chart, with a long lower wick, as intraday selling triggered buying. The index has been trading roughly in the 14,900-15,100 range for the past three sessions and analysts said the way the index rallied in the last hour of Tuesday s trade suggested that it is gearing up for a breakout on the upside.