Pre Session: Markets may open higher in early trade
05/09/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices are set to open higher on Tuesday despite mixed cues from the Asian peers.
The Asian markets have opened on a cautious note as investors turned to safe haven assets in the previous session on the back of North Korea's recent nuclear test. On the economy front, the dalal Street could watch out for data trends from the services purchasing managers’ index (PMI) that will be announced today. Also, the news that the GST Council may consider lowering tax on items of common consumption if the high trajectory of collections continues over the next few months, may boost market sentiments.
On the corporate front, HDFC Bank will be in focus today as RBI has included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. Also, Cement major The India Cements Ltd will be in focus today as it said that it would tap non-Southern markets to improve capacity utilisation as part of its strategy of going forward.
Positive trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,955.50, up by 28.50 points.
05/09/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
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The Indian benchmark indices are set to open higher on Tuesday despite mixed cues from the Asian peers.
The Asian markets have opened on a cautious note as investors turned to safe haven assets in the previous session on the back of North Korea's recent nuclear test. On the economy front, the dalal Street could watch out for data trends from the services purchasing managers’ index (PMI) that will be announced today. Also, the news that the GST Council may consider lowering tax on items of common consumption if the high trajectory of collections continues over the next few months, may boost market sentiments.
On the corporate front, HDFC Bank will be in focus today as RBI has included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. Also, Cement major The India Cements Ltd will be in focus today as it said that it would tap non-Southern markets to improve capacity utilisation as part of its strategy of going forward.
Positive trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,955.50, up by 28.50 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
