Pre Session: Dalal Street may see gap up opening
11/06/2015
Extending previous session rally, the Indian equity benchmarks may see positive opening on Thursday following firm cues from Asian peers which were trading higher after US stocks closed higher in overnight trade, supported by gains in technology and financial shares and optimism that Greece may be closer to reaching a deal with creditors. The gap up opening of the SGX CNX Nifty Index futures for June delivery further validates a bullish opening for domestic bourses. Meanwhile, shrink in current account deficit (CAD) which narrowed sharply to USD 1.3 billion, or 0.2 per cent of GDP, in the fourth quarter of the last financial year may also lift market sentiment. The CAD shrank to 1.3 per cent of GDP for full financial year 2014-15.
Snapping seven days losing streak, the Indian benchmarks ended higher on Wednesday led by a firm rally in the blue chip stocks amid firm Asian cues and a strong rupee. On the sectoral front, all 13 sectors ended in the positive territory. The BSE SENSEX closed at 26840.5, up by 359.25 points or by 1.36 per cent and then NSE Nifty closed at 8124.45, up by 102.05 points or by 1.27 per cent.
11/06/2015
Free Intraday Tips Today : 11.06.2015
Snapping seven days losing streak, the Indian benchmarks ended higher on Wednesday led by a firm rally in the blue chip stocks amid firm Asian cues and a strong rupee. On the sectoral front, all 13 sectors ended in the positive territory. The BSE SENSEX closed at 26840.5, up by 359.25 points or by 1.36 per cent and then NSE Nifty closed at 8124.45, up by 102.05 points or by 1.27 per cent.
