Markets open higher in early trade 05/08/2016 09:24
Click Here & Register To Get 2 days Trial Tips
09.24 Am - Nifty Fut : Buy Zone
The key domestic benchmark indices opened higher in the morning trading session tracking a rally across markets in Asia as traders across the globe eyed the crucial July US jobs data which will signal the health of the labour market recovery in the world’s biggest economy and may offer some clues over the timing of the next US Fed interest rate hike.
Shares of GSK Consumer Healthcare, HT Media and Pfizer will be in focus as they reveal their April-June 2016 quarter report cards. The passage of the long pending GST bill in the Rajya Sabha this week continued to support investor sentiment, although concerns surrounding its implementation may temper gains at Dalal Street.
At 09:20 AM, the Bombay Stock Exchange bellwether Sensex was at 27926.98 up by 212.61 points or by 0.77 per cent, while the NSE Nifty was at 8623.25 points, trading higher by 72.15 points or by 0.84 per cent.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 380.70,+1.78 per cent), ICICI Bank Ltd. (Rs. 244.70,+1.68 per cent), Tata Motors Ltd. (Rs. 507.55,+1.45 per cent), Axis Bank Ltd. (Rs. 553.00,+1.34 per cent), State Bank of India (Rs. 228.20,+1.17 per cent), among others.
Meanwhile, Infosys Ltd. (Rs. 1068.75,-0.32 per cent), was among the top losers on BSE.
On the global front, Asian stocks were trading higher today after the Bank of England cut interest rates to a record low and expanded asset purchases to help cushion Britain’s economy from the fallout of Brexit, bolstering risk taking appetite. The US markets ended flat in the previous trading session as investors kept to the sidelines ahead of US payrolls report for July.
Join Our Whatsapp No : 9841986753
Click Here & Register To Get 2 days Trial Tips
09.24 Am - Nifty Fut : Buy Zone
The key domestic benchmark indices opened higher in the morning trading session tracking a rally across markets in Asia as traders across the globe eyed the crucial July US jobs data which will signal the health of the labour market recovery in the world’s biggest economy and may offer some clues over the timing of the next US Fed interest rate hike.
Shares of GSK Consumer Healthcare, HT Media and Pfizer will be in focus as they reveal their April-June 2016 quarter report cards. The passage of the long pending GST bill in the Rajya Sabha this week continued to support investor sentiment, although concerns surrounding its implementation may temper gains at Dalal Street.
At 09:20 AM, the Bombay Stock Exchange bellwether Sensex was at 27926.98 up by 212.61 points or by 0.77 per cent, while the NSE Nifty was at 8623.25 points, trading higher by 72.15 points or by 0.84 per cent.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 380.70,+1.78 per cent), ICICI Bank Ltd. (Rs. 244.70,+1.68 per cent), Tata Motors Ltd. (Rs. 507.55,+1.45 per cent), Axis Bank Ltd. (Rs. 553.00,+1.34 per cent), State Bank of India (Rs. 228.20,+1.17 per cent), among others.
Meanwhile, Infosys Ltd. (Rs. 1068.75,-0.32 per cent), was among the top losers on BSE.
On the global front, Asian stocks were trading higher today after the Bank of England cut interest rates to a record low and expanded asset purchases to help cushion Britain’s economy from the fallout of Brexit, bolstering risk taking appetite. The US markets ended flat in the previous trading session as investors kept to the sidelines ahead of US payrolls report for July.
Free Indian Equity Tips ( Call - 9094047040)
Click Here & Register To Get 2 days Trial TipsJoin Our Whatsapp No : 9841986753
Keep Refresh for Fresh Tips
