Tuesday 27 March 2018



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"Nifty might face hurdle around 10175 mark. Any decisive break above this level may add momentum on upside till 10260-10300 levelsBenchmark indices closed positive after reports suggested that the United States and China have quietly started negotiations to improve US access to Chinese markets, thereby easing fears of a trade war between the two economic giants.

In the week ahead, domestic investors will look forward to the fiscal deficit data to be released on Wednesday. Also, the expiry of the current month futures and options contracts are due on Wednesday and positions will be rolled over to next month.

Among sectoral indices, the Nifty PSU Bank index ended 4.94 percent higher led by an over 10 percent rise in the shares of Canara Bank.

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