Monday 1 February 2016

Pre-Market: Nifty50 Likely To Open Higher On Global Cues

Posted by suhani varma on Monday, February 01, 2016 with No comments

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The domestic equity indices are likely to open on a positive note on Wednesday, tracking strong Asian cues, ahead of a dozen quarterly earnings scheduled for release later in the day. Investors will be watchful of the PMI readings across the globe, the RBI money policy review on Tuesday and monthly cement dispatch and auto sales numbers for January. 

SGX Nifty futures hint at positive start At 07:45 am, Nifty50 futures on the Singapore Stock Exchange were trading 35 points higher at 7,586, indicating a gap-up opening for the domestic market. 

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