Pre Session-Markets seen opening higher on firm global cues
27/08/2014 08:10
The key domestic benchmarks are tipped to open on a bullish note today tracking a firm trend across markets in Asia after reports from US indicated that the world’s largest economy is strengthening. Even, Nifty India stock futures in Singapore opened higher, signaling a positive opening on the domestic market. However, investors may remain cautious ahead of the expiry of August F&O contracts this Thursday and the Q1 GDP data likely to be released on Friday.
On Thursday, the key domestic benchmarks ended on a flat note in a volatile trading session as investors punished power stocks after the Supreme Court ruled that all coal blocks allocated since 1993 were illegal, raising concerns over fuel shortage in Asia’s third biggest economy.
The BSE SENSEX closed at 26,442.81, up by 5.79 points or by 0.02 per cent and the NSE Nifty ended at 7,904.75, down by 1.55 points or by 0.02 per cent.
27/08/2014 08:10
The key domestic benchmarks are tipped to open on a bullish note today tracking a firm trend across markets in Asia after reports from US indicated that the world’s largest economy is strengthening. Even, Nifty India stock futures in Singapore opened higher, signaling a positive opening on the domestic market. However, investors may remain cautious ahead of the expiry of August F&O contracts this Thursday and the Q1 GDP data likely to be released on Friday.
On Thursday, the key domestic benchmarks ended on a flat note in a volatile trading session as investors punished power stocks after the Supreme Court ruled that all coal blocks allocated since 1993 were illegal, raising concerns over fuel shortage in Asia’s third biggest economy.
The BSE SENSEX closed at 26,442.81, up by 5.79 points or by 0.02 per cent and the NSE Nifty ended at 7,904.75, down by 1.55 points or by 0.02 per cent.
