Pre-Session: Market seen opening higher on firm global cues
22/06/2015 08:57
The Indian equity benchmarks may see positive opening on Monday tracking firm cues from Asian peers who were trading higher ahead of European emergency summit on Greece’s debt crisis. Among the Asian stocks, Japan’s Nikkei 225 surged 0.8 per cent on hopes of ease in monetary policy followed by Hang Seng gaining as much as 0.42 per cent. Meanwhile, China’s Shanghai Composite remained closed on Monday for a holiday. Back home, a positive opening of the SGX CNX Nifty Index futures indicates a bullish opening for domestic bourses. According to analysts opinion, in lack of any major development on the domestic or global front, the progress of monsoon will continue to dictate short-term market sentiments. On the corporate front, stocks of IT major Infosys will remain in focus ahead of its AGM.
In a broad-based rally supported by blue chips companies, the Indian benchmarks ended higher on Friday. Strength in the global peers further bolstered the rally. The BSE SENSEX closed at 27316.17, up by 200.34 points or by 0.74 per cent and then NSE Nifty ended at 8224.95, up by 50.35 points or by 0.62 per cent.
22/06/2015 08:57
The Indian equity benchmarks may see positive opening on Monday tracking firm cues from Asian peers who were trading higher ahead of European emergency summit on Greece’s debt crisis. Among the Asian stocks, Japan’s Nikkei 225 surged 0.8 per cent on hopes of ease in monetary policy followed by Hang Seng gaining as much as 0.42 per cent. Meanwhile, China’s Shanghai Composite remained closed on Monday for a holiday. Back home, a positive opening of the SGX CNX Nifty Index futures indicates a bullish opening for domestic bourses. According to analysts opinion, in lack of any major development on the domestic or global front, the progress of monsoon will continue to dictate short-term market sentiments. On the corporate front, stocks of IT major Infosys will remain in focus ahead of its AGM.
In a broad-based rally supported by blue chips companies, the Indian benchmarks ended higher on Friday. Strength in the global peers further bolstered the rally. The BSE SENSEX closed at 27316.17, up by 200.34 points or by 0.74 per cent and then NSE Nifty ended at 8224.95, up by 50.35 points or by 0.62 per cent.
