Markets open higher in early trade 25/08/2016 09:24
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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The key domestic benchmark indices opened higher in the morning trading session on the day of the expiry of the August derivative contracts.
The investors across the globe await Fed Chair Janet Yellen’s speech on Friday at Jackson Hole, in which she may offer some cues over the timing of the next US interest rate hike. Volatility may remain high at the local bourses as traders roll over their positions due to the August Futures & Options (F&O) contract expiry today An indicator to refrain from near-term monetary tightening may bolster capital flows into emerging markets including Asia’s third biggest economy.
At 09:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28109.66 up by 49.72 points or by 0.18 per cent, while the NSE Nifty was at 8668.65 points,
On the global front, Asian stocks were trading mixed today ahead of Federal Reserve Chairwoman Janet Yellen's speech tomorrow, 26 August 2016, which could provide hints about the timing of the next rate hike from the Fed. US stocks ended lower in the previous trading session as investors remained cautious awaiting a speech from Federal Reserve Chairwoman Janet Yellen.
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NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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The investors across the globe await Fed Chair Janet Yellen’s speech on Friday at Jackson Hole, in which she may offer some cues over the timing of the next US interest rate hike. Volatility may remain high at the local bourses as traders roll over their positions due to the August Futures & Options (F&O) contract expiry today An indicator to refrain from near-term monetary tightening may bolster capital flows into emerging markets including Asia’s third biggest economy.
At 09:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28109.66 up by 49.72 points or by 0.18 per cent, while the NSE Nifty was at 8668.65 points,
On the global front, Asian stocks were trading mixed today ahead of Federal Reserve Chairwoman Janet Yellen's speech tomorrow, 26 August 2016, which could provide hints about the timing of the next rate hike from the Fed. US stocks ended lower in the previous trading session as investors remained cautious awaiting a speech from Federal Reserve Chairwoman Janet Yellen.
Powered by : Dion Global Solutions Ltd.
