Opening Bell - Nifty Future | Bank Nifty Future | TradeBizz Research


OPENING BELL: NIFTY FUTURE UP + 23.30 @ 9337.35,
BANK NIFTY FUTURE UP +21.35 @ 22,806.70
USDINR @ 64.6500

Sensex, on Monday, closed 67points up at 29926 on the back of uninterrupted buying by domestic investor seven as their foreign counterparts looked the other way. Among sectors,Technology, IT and Realty gained over 1.3% to 4.5%. Among stocks, Asian Paints, Bharti Airtel and Lupin gained over 1.8% to 2.3% each. Market breadth was positive with 1603 advances against 1175 declines.

Nifty closed 29 points up at9,314. Today, we expect markets to open on a positive note on the back of positive global cues.

US Markets closed on a positive note. Dow and Nasdaq closed flat as investors had already priced in victory of French president elect Emmanuel Macron.US markets, today, will see data releases on Final wholesale Inventories m/m.

Asian markets are trading on mixed note; Nikkei is trading flat and Hang Seng is trading 0.4% up. SGX Nifty is trading 7.5 points higher at 9,353. Indian ADRs ended the day on a mixed note. Among financial ADRs, ICICI Bank closed 0.7% higher, while HDFC Bank closed flat. Among IT ADRs, Wipro closed 1.81% higher and Infosys closed 2.03% higher. Tata Motors ADR declined 0.1%.

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