Nifty-Sensex-Pre Market View - 27.11.2019: 09.00 Am
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Pre-Session: Sensex, Nifty likely to open flat on Wednesday
27/11/2019 08:42
Indian benchmarks may remain volatile today as investors adjust their positions ahead of the weekly and monthly (November series) expiry of the Futures and Options contracts, slated for Thursday. That apart, stock-specific development, and progress in US-China trade negotiations are expected to determine the market movement on Wednesday.
Meanwhile, Asian shares ticked higher on Wednesday as more upbeat signals from Sino-US trade talks fanned hopes of an imminent end to tariff hostilities. MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.14 per cent, Australian shares added 0.46 per cent, and Japan's Nikkei rose 0.41 per cent.
On Wall Street, the Dow Jones rose 0.2 per cent, the S&P 500 gained 0.22 per cent, and the Nasdaq Composite added 0.18 per cent during the overnight trade on Tuesday.
After ending the previous session modestly higher, the price of crude oil saw some further upside during trading on Tuesday. Crude for January delivery climbed $0.40 to $48.41 a barrel after ending Monday's trading up $0.24 at $58.01 a barrel. Whereas, the rupee appreciated 24 paise to close at Rs 71.49 per US dollar.
On Tuesday, the 30-share benchmark index ended at 40821.3 down by -67.93 points or by -0.17 % and then NSE Nifty was at 12037.7 down by -36.05 points.
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