Pre Session: Markets may open flat amid muted global cues
24/11/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices are set to open flat on Friday amid muted cues from other global peers.
The Asian markets have opened on a mixed note as investors kept an eye on Chinese markets, which bounced back after taking a tumble in the last session, while Wall Street was closed in the previous trading session for thanksgiving holiday.
On the economy front, merger and acquisition deals involving public sector oil and gas companies have been exempted from seeking the Competition Commission approval. Asset reconstruction companies (ARCs) will now be allowed to hold more than 26 percent equity in borrowing companies under reconstruction after converting debt into shares.
Also, markets may react to the minutes of the US central bank’s last policy meeting as many Federal Reserve policymakers expect that interest rates will have to be raised in the near term.
Muted trends in the SGX Nifty Index Futures for November delivery, which were trading at 10,368, down by 3 points.
24/11/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Free Commodity Tips : Join our Whatsapp No : 9094047040
The Indian benchmark indices are set to open flat on Friday amid muted cues from other global peers.
The Asian markets have opened on a mixed note as investors kept an eye on Chinese markets, which bounced back after taking a tumble in the last session, while Wall Street was closed in the previous trading session for thanksgiving holiday.
On the economy front, merger and acquisition deals involving public sector oil and gas companies have been exempted from seeking the Competition Commission approval. Asset reconstruction companies (ARCs) will now be allowed to hold more than 26 percent equity in borrowing companies under reconstruction after converting debt into shares.
Also, markets may react to the minutes of the US central bank’s last policy meeting as many Federal Reserve policymakers expect that interest rates will have to be raised in the near term.
Muted trends in the SGX Nifty Index Futures for November delivery, which were trading at 10,368, down by 3 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
