Sensex, Nifty remain positive; auto, bank stocks lead
31/08/2016 11:46
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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At 11:18 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28436.37 up by 93.36 points or 0.33 per cent while the NSE Nifty was at 8784.5 up by 40.15 points or 0.46 per cent.
Meanwhile, caution prevailed ahead of Friday’s US jobs data which may offer more clues over whether the US Federal Reserve raises interest rates in the near-term. Also all eyes will be on the Q1 GDP data set for release today.
On the global front, Asian markets were trading mixed as traders weighed speculation of a rise in US interest rates this year as robust consumer confidence data bolstered the case for monetary tightening in the world’s biggest economy.
31/08/2016 11:46
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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Indian equity benchmarks continued to trade in the positive territory during the late morning deals on Wednesday led by sustained foreign fund inflows and increased buying by retail investors mainly in the auto, banking and healthcare sector stocks amid mixed global cues.At 11:18 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28436.37 up by 93.36 points or 0.33 per cent while the NSE Nifty was at 8784.5 up by 40.15 points or 0.46 per cent.
Meanwhile, caution prevailed ahead of Friday’s US jobs data which may offer more clues over whether the US Federal Reserve raises interest rates in the near-term. Also all eyes will be on the Q1 GDP data set for release today.
On the global front, Asian markets were trading mixed as traders weighed speculation of a rise in US interest rates this year as robust consumer confidence data bolstered the case for monetary tightening in the world’s biggest economy.
