Markets remain volatile; APSEZ, Power Grid shares advance
16/08/2016 10:26
NIFTY Fut : Trend : BUY ZONE
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The key domestic benchmark indices were trading marginally higher as volatility persisted on the bourses in the morning trading session tracking a lackluster trend in markets across Asia.
Investors weighed mixed macro-economic data with industrial output growth gaining steam, while consumer inflation shot beyond the official tolerance level of 6 per cent, leaving little room for near-term monetary easing.
The focus this week will be on the July wholesale inflation data, while traders will keep a close eye on the progress of the monsoon rains.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28179.83 up by 27.43 points or by 0.1 per cent, while the NSE Nifty was at 8673.95 points, trading higher by 1.8 points or by 0.02 per cent.
16/08/2016 10:26
NIFTY Fut : Trend : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
The key domestic benchmark indices were trading marginally higher as volatility persisted on the bourses in the morning trading session tracking a lackluster trend in markets across Asia.
Investors weighed mixed macro-economic data with industrial output growth gaining steam, while consumer inflation shot beyond the official tolerance level of 6 per cent, leaving little room for near-term monetary easing.
The focus this week will be on the July wholesale inflation data, while traders will keep a close eye on the progress of the monsoon rains.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28179.83 up by 27.43 points or by 0.1 per cent, while the NSE Nifty was at 8673.95 points, trading higher by 1.8 points or by 0.02 per cent.
On the global front, Asian stocks were trading mixed today as speculation rose that global central banks will continue to keep monetary policy loose and step up stimulus amid signs of lackluster economic growth.
