Markets open higher in early trade
27/09/2016 09:24
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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Investors will also be looking ahead to the Reserve Bank of India's rate-setting meeting on October 4 amidst the backdrop of declining retail inflation.
Volatility may remain high at the domestic bourses as traders roll over their positions ahead of the September futures & options (F&O) contracts expiry this Thursday.
At 09:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28373.02 up by 78.74 points or by 0.28 per cent, while the NSE Nifty was at 8748.9 points, trading higher by 25.85 points or by 0.3 per cent.
On the global front, Asian stocks were trading mixed today amid the first US presidential debate between Democrat Hillary Clinton and Republican Donald Trump. US stocks closed lower in the previous trading session as worries about Germany's Deutsche Bank weighed on the financial sector and as investors awaited the US presidential debate.
27/09/2016 09:24
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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The key domestic benchmark indices opened with decent gains in the morning trading session with traders getting some support with statement of Ravindra Dholakia, one of the three government appointees to the newly formed Monetary Policy Committee (MPC) that there will be no tug of war in the MPC.Investors will also be looking ahead to the Reserve Bank of India's rate-setting meeting on October 4 amidst the backdrop of declining retail inflation.
Volatility may remain high at the domestic bourses as traders roll over their positions ahead of the September futures & options (F&O) contracts expiry this Thursday.
At 09:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28373.02 up by 78.74 points or by 0.28 per cent, while the NSE Nifty was at 8748.9 points, trading higher by 25.85 points or by 0.3 per cent.
On the global front, Asian stocks were trading mixed today amid the first US presidential debate between Democrat Hillary Clinton and Republican Donald Trump. US stocks closed lower in the previous trading session as worries about Germany's Deutsche Bank weighed on the financial sector and as investors awaited the US presidential debate.
