Markets trade flat ahead of Yellen’s speech
26/08/2016 11:37
NIFTY Fut TREND : SELL ZONE
BANKNIFTY Fut : SELL ZONE
Click Here & Register To Get 2 days Trial Tips
At 11:06 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,836.86, up by 0.95 points or 0 per cent while the NSE Nifty was at 8,593.4, up by 1.2 points or 0.01 per cent.
Meanwhile buying momentum was witnessed mainly in the consumer durables and auto sector stocks.
On the global front, Asian markets were trading mixed amid caution ahead of Yellen’s speech later in the day which may offer cues over the timing of the next Fed rate hike. Shanghai Composite was up 0.23 per cent and Hang Seng rose by 0.46 per cent but Nikkei 225 declined 1.11 per cent as Japan’s core consumer prices fell 0.5 per cent, y-o-y, a sign that the country remains mired in deflation.
26/08/2016 11:37
NIFTY Fut TREND : SELL ZONE
BANKNIFTY Fut : SELL ZONE
Click Here & Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Reversing early morning gains, Indian equity benchmarks were trading flat during the late morning deals on Friday tracking mixed cues from fellow Asian peers as investors keenly await the speech of US Fed Chair Janet Yellen that will provide further clues on US interest rate policy.At 11:06 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,836.86, up by 0.95 points or 0 per cent while the NSE Nifty was at 8,593.4, up by 1.2 points or 0.01 per cent.
Meanwhile buying momentum was witnessed mainly in the consumer durables and auto sector stocks.
On the global front, Asian markets were trading mixed amid caution ahead of Yellen’s speech later in the day which may offer cues over the timing of the next Fed rate hike. Shanghai Composite was up 0.23 per cent and Hang Seng rose by 0.46 per cent but Nikkei 225 declined 1.11 per cent as Japan’s core consumer prices fell 0.5 per cent, y-o-y, a sign that the country remains mired in deflation.
