Thursday, 1 October 2015

Pre-Market : Nifty Seen Opening Higher; May Reclaim 8,000 Levels

Posted by suhani varma on Thursday, October 01, 2015 with No comments

The 50-share Nifty index is expected to open higher on Thursday following positive trend seen in other Asian markets. Tracking the momentum, the index may reclaim its crucial psychological level of 7,950-8,000 levels. 

At 08:00 A.M., Nifty India stock futures in Singapore were trading 56 points higher at 8,032 indicating a gap up opening on the domestic market. 

Benchmark indices closed near their respective intraday high signaling possibility of strong momentum in coming sessions as well. The S&P BSE Sensex closed 376.17 points higher or 1.46 per cent at 26,154.83, while Nifty ended 105.60 points up or 1.35 per cent at 7,948.90.

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