Pre Session: Markets may open marginally higher on mixed global cues
27/09/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices are set to open marginally higher on Wednesday amid mixed cues from the Asian peers.
The Asian markets have opened on a mixed note as investors digested Federal Reserve Chair Janet Yellen's overnight speech and as North Korea tensions took a backseat, while Wall Street closed mixed in the previous trading session as technology stocks recovered some of their losses.
The markets are expected to react to the Fed Chair Janet Yellen statement that the Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation.
On the economy front, Asian Development Bank has downgraded India's growth projection to 7 per cent for the current fiscal while lowering its forecast for the next financial year as well.
On the corporate front, ICICI Lombard General Insurance Company is set to debut on the bourses and has set final issue price at Rs 661 per share, the higher end of price band.
Positive trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,877, up by 21 points.
27/09/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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The Indian benchmark indices are set to open marginally higher on Wednesday amid mixed cues from the Asian peers.
The Asian markets have opened on a mixed note as investors digested Federal Reserve Chair Janet Yellen's overnight speech and as North Korea tensions took a backseat, while Wall Street closed mixed in the previous trading session as technology stocks recovered some of their losses.
The markets are expected to react to the Fed Chair Janet Yellen statement that the Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation.
On the economy front, Asian Development Bank has downgraded India's growth projection to 7 per cent for the current fiscal while lowering its forecast for the next financial year as well.
On the corporate front, ICICI Lombard General Insurance Company is set to debut on the bourses and has set final issue price at Rs 661 per share, the higher end of price band.
Positive trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,877, up by 21 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
