Markets remain rangebound; TCS, Infosys shares dip
08/09/2016 10:23
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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In the lack of any major domestic triggers, Dalal Street remained in consolidation mode while focus will shift to monetary policy decisions across the US, UK, Euro area and Japan this month. Further global central bank stimulus and a continued low interest rate regime may keep powering foreign fund inflows into Asia’s third biggest economy as risk appetite increases.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28899.69 down by 26.67 points or by 0.09 per cent, while the NSE Nifty was at 8909.7 points, trading lower by 8.25 points or by 0.09 per cent.
08/09/2016 10:23
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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The key domestic benchmark indices were trading in a negative terrain in the morning trading session tracking sluggishness in markets across Asia and a lackluster finish at Wall Street overnight as traders awaited the outlook for monetary policy in some key global economies, curbing risk taking appetite.In the lack of any major domestic triggers, Dalal Street remained in consolidation mode while focus will shift to monetary policy decisions across the US, UK, Euro area and Japan this month. Further global central bank stimulus and a continued low interest rate regime may keep powering foreign fund inflows into Asia’s third biggest economy as risk appetite increases.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28899.69 down by 26.67 points or by 0.09 per cent, while the NSE Nifty was at 8909.7 points, trading lower by 8.25 points or by 0.09 per cent.
