Pre Session: Markets may open higher amid robust Asian cues
11/09/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices are set to open higher on Monday amid robust cues from the Asian peers.
The Asian markets have opened on a positive note as the investors digested headlines concerning developments out of the People's Bank of China and European Central Bank announced at the weekend, while Wall Street closed mixed in the previous trading session as investors braced for potential damage from Hurricane Irma as it drove toward Florida.
The markets may react to the RBI report that forex reserves surged by a massive USD 3.572 billion to touch a record high of USD 398.122 billion for the week ended September 1, on account of rise in foreign currency assets.
On the economy front, work on India’s first post-GST Union Budget 2018-19 will start next week with the finance ministry issuing timelines for different processes that will culminate with its presentation in February.
Positive trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,981, up by 34 points.
11/09/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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The Indian benchmark indices are set to open higher on Monday amid robust cues from the Asian peers.
The Asian markets have opened on a positive note as the investors digested headlines concerning developments out of the People's Bank of China and European Central Bank announced at the weekend, while Wall Street closed mixed in the previous trading session as investors braced for potential damage from Hurricane Irma as it drove toward Florida.
The markets may react to the RBI report that forex reserves surged by a massive USD 3.572 billion to touch a record high of USD 398.122 billion for the week ended September 1, on account of rise in foreign currency assets.
On the economy front, work on India’s first post-GST Union Budget 2018-19 will start next week with the finance ministry issuing timelines for different processes that will culminate with its presentation in February.
Positive trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,981, up by 34 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
