The 50-share Nifty index is expected to open flat-to-lower on Monday following mixed trend seen in other Asian markets. Tracking the momentum, the index may retest its crucial psychological level of 7,650 in trade today. At 08:00 A.M., Nifty India stock futures in Singapore were trading 31 points lower at 7,627 indicating a flat-to-negative opening on the domestic market.
Benchmark indices wrapped up the week ended September 04, 2015 in the red zone led by weak global environment. The Sensex was down 4.51% and the Nifty fell 4.34%. In the coming week, macroeconomic data, the performance of the monsoon rains, trend in global markets, flows from foreign portfolio investors (FPIs), the movement of rupee against the dollar and crude oil price movement will dictate trend on the bourses.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
or visit http://www.ways2capital.com
✆ - 0731-6554125 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 09699997717
0 comments:
Post a Comment