Bulls continue to rule the roost at D-Street on global rally
08/08/2016 11:30Am
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11.30Am - Nifty Fut : Buy Zone
Tracking a rally across fellow Asian peers amid Friday's strong US jobs data , Indian equity benchmarks continued to trade higher during the late morning deals on Monday as strong buying was witnessed from retail investors and foreign funds.
At 11:12 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,168.32, up by 89.97 points or 0.32 per cent while the NSE Nifty was at 8,704, up by 20.85 points or 0.24 per cent.
Meanwhile, traders remained optimistic ahead of the RBI's bi-monthly monetary policy review on Tuesday even though a rate cut was unlikely.
Buying momentum was witnessed mainly in the oil & gas, realty and IT sector stocks.
The market breadth, indicating the overall strength of the market, was positive. On BSE, out of the total 2,444 shares traded, 1,449 advanced while 897 shares declined and 98 remained unchanged.
On the global front, Asian markets were trading in the green tracking a record finish at Wall Street on Friday as strong US employment numbers signaled a strengthening US economic recovery. Non-farm payrolls in the US climbed 255,000 in July, following a revised 292,000 gain in June, against an estimated 180,000 addition.
08/08/2016 11:30Am
Free Intraday Tip : Join Our Whatsapp No : 9841986753
11.30Am - Nifty Fut : Buy Zone
Tracking a rally across fellow Asian peers amid Friday's strong US jobs data , Indian equity benchmarks continued to trade higher during the late morning deals on Monday as strong buying was witnessed from retail investors and foreign funds.
At 11:12 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,168.32, up by 89.97 points or 0.32 per cent while the NSE Nifty was at 8,704, up by 20.85 points or 0.24 per cent.
Meanwhile, traders remained optimistic ahead of the RBI's bi-monthly monetary policy review on Tuesday even though a rate cut was unlikely.
Buying momentum was witnessed mainly in the oil & gas, realty and IT sector stocks.
The market breadth, indicating the overall strength of the market, was positive. On BSE, out of the total 2,444 shares traded, 1,449 advanced while 897 shares declined and 98 remained unchanged.
On the global front, Asian markets were trading in the green tracking a record finish at Wall Street on Friday as strong US employment numbers signaled a strengthening US economic recovery. Non-farm payrolls in the US climbed 255,000 in July, following a revised 292,000 gain in June, against an estimated 180,000 addition.
