OPENING BELL: NIFTY FUTURE UP +2.80 @ 9656.30, BANK NIFTY FUTURE DOWN -5.05 @ 23.336.70 USDINR @ 64.5200
NIFTY FUTURE: S1-9639.87, S2 9627.13, R1- 9668.67, R2-9684.73 BANK NIFTY FUTURE: S1 – 23281.50, S2-23221.25, R1- 23400.50, R2 23459.25
For stock cash tips, stock future tips, stock option tips, equity tips, commodity tips and for more updates click here - http://www.tradebizzindia.com/freetrial
NIFTY FUTURE: S1-9639.87, S2 9627.13, R1- 9668.67, R2-9684.73 BANK NIFTY FUTURE: S1 – 23281.50, S2-23221.25, R1- 23400.50, R2 23459.25
Stock Market Updates
Sensex, on Friday, closed 135 points up at 31273 as a positive momentum in markets was intact on expectation that the RBI is likely to be less hawkish in the monitory policy meeting this week on account of moderation in inflation and slow growth. Among sectors, Realty, Healthcare and Consumer durable gained over 1.2% to 1.1% each. Among stocks, Hero moto corp, Cipla and Adani ports gained over 2.8% to 2.1% each. Market breadth was positive with 1464 advances against 1231 declines.
Nifty closed 37 points up at 9,653. 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 closed 0.29% up while Nasdaq closed 0.94% up. US markets closed on a positive note as investors focus shifted to the U.S. jobs report. Today, US markets will see data release of revised non farm productivity q/q, revised unit labour cost q/q and final services PMI.
Asian markets are trading on a mixed note; Nikkei is trading 0.12% up and Hang Seng is trading 0.28% down. SGX Nifty is trading 38 points up at 9683. Indian ADRs ended the day on a mixed note. Among financial ADRs, ICICI Bank closed 0.1% up, while HDFC Bank closed 0.2% down. Among IT ADRs, Wipro closed 0.9% down and Infosys closed 0.7% down. Tata Motors ADR closed 0.51% up.For stock cash tips, stock future tips, stock option tips, equity tips, commodity tips and for more updates click here - http://www.tradebizzindia.com/freetrial
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