Nifty likely to open flat with positive bias; China gains In morning trade,
Asian stocks traded mostly higher on Thursday following a positive lead from Wall Street, with Chinese equities leading gains after mainland markets resumed trade after a week-long holiday.
The Nifty is likely to open flat with a mildly positive bias, with indicator SGX Nifty trading at 8200.50, up 1.50 points at 7.45 AM. The Sensex ended up 102.97 points or 0.4 percent at 27035.85 on Wednesday, while the Nifty too was up 24.50 points or 0.3 percent at 8177.40. About 1660 shares advanced, 1081 shares declined and 114 shares were unchanged. In morning trade, Asian stocks traded mostly higher on Thursday following a positive lead from Wall Street, with Chinese equities leading gains after mainland markets resumed trade after a week-long holiday. The key focus today will be on the Chinese markets, which reopened after National Day holidays. The Shanghai Composite opened up 3.5 percent at 3,158.90. Elsewhere in Greater China, Hong Kong's Hang Seng Index slipped 0.5 percent and Taiwan's Taiex edged down 0.1 percent
Asian stocks traded mostly higher on Thursday following a positive lead from Wall Street, with Chinese equities leading gains after mainland markets resumed trade after a week-long holiday.
The Nifty is likely to open flat with a mildly positive bias, with indicator SGX Nifty trading at 8200.50, up 1.50 points at 7.45 AM. The Sensex ended up 102.97 points or 0.4 percent at 27035.85 on Wednesday, while the Nifty too was up 24.50 points or 0.3 percent at 8177.40. About 1660 shares advanced, 1081 shares declined and 114 shares were unchanged. In morning trade, Asian stocks traded mostly higher on Thursday following a positive lead from Wall Street, with Chinese equities leading gains after mainland markets resumed trade after a week-long holiday. The key focus today will be on the Chinese markets, which reopened after National Day holidays. The Shanghai Composite opened up 3.5 percent at 3,158.90. Elsewhere in Greater China, Hong Kong's Hang Seng Index slipped 0.5 percent and Taiwan's Taiex edged down 0.1 percent
