Sensex, Nifty firm amid positive global cues 08/08/2016 10:32Am

Sensex, Nifty firm amid positive global cues
08/08/2016 10:32

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10.32 Am  - Nifty Fut : Buy Zone
Tracking positive cues from the global peers, the key domestic benchmark indices continued to trade firm in the morning trading session amid buying interest in index heavyweights including Cipla, Reliance, Bajaj Auto and Lupin among others.

At 10:26 hours, the 30-share benchmark index was trading at 28181.91 up by 103.56 points or by 0.37 per cent, while the NSE Nifty was at 8709.35 up by 26.2 points or by 0.3 per cent.

Sentiments of the investors remained upbeat as today the Lok Sabha will give the final parliamentary seal of approval to the enabling of the Constitution amendment bill for GST that the Rajya Sabha cleared last week. Prime Minister Narendra Modi has said that the Goods and Service Tax Bill will take India closer to achieving financial equality, adding that the Bill is an important legislation for 'ek bharat shreshth bharat (One India Excellent India)' initiative. In the bullish trade so-far, Sensex touched intraday high of 28226.38 and intraday low of 28154.49 The NSE Nifty touched intraday high of 8723.5 and intraday low of 8700.1.

On the global front, Asian peers were trading firm tracking a record finish at Wall Street on Friday as better-than-expected US jobs data signaled a strengthening US economic recovery.