Wednesday, 9 September 2015

Pre-Market: Gap Up Opening Seen On Nifty; May Reclaim 7,800 Levels

Posted by suhani varma on Wednesday, September 09, 2015 with No comments

The 50-share Nifty index is expected to open with a gap on the higher side on Wednesday, following positive trend seen in other Asian markets. Tracking the momentum, the index may reclaim its crucial psychological level of 7,750-7,800 in trade today. At 08:00 A.M., Nifty India stock futures in Singapore were trading 108 points higher at 7,844 indicating a gap-up opening on the domestic market. 

Snapping a two-day losing streak, the 30-share BSE Sensex surged 424.06 points, or 1.70 per cent, to settle at 25,317.87 on Tuesday. The 50-share Nifty closed 129.45 points higher at 7,688.25. 

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