Pre Session: Markets may open higher amid mixed Asian cues
04/10/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices are set to open higher on Wednesday amid mixed cues from the Asian peers.
The Asian markets have opened on a mixed note even after US equities closed higher overnight, while Wall Street closed higher in the previous trading session buoyed by gains in autos, airlines stocks.
On the economy front, the Union government has reduced the basic excise duty on petrol and diesel by Rs 2 per litre with effect from Wednesday. Also, eight core sectors grew by 4.9 percent in August, the highest growth rate since April, on account of robust performance of coal, natural gas and electricity segments.
On the corporate front, animal feed company Godrej Agrovet's initial public offering is scheduled to open for subscription on October 4, with a price band of Rs 450-460 per share.
Also, investors will be keening awaiting the outcome of RBI’s policy meet scheduled to end today.
Positive trends in the SGX Nifty Index Futures for October delivery, which were trading at 9,891.50, up by 17 points.
04/10/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
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The Indian benchmark indices are set to open higher on Wednesday amid mixed cues from the Asian peers.
The Asian markets have opened on a mixed note even after US equities closed higher overnight, while Wall Street closed higher in the previous trading session buoyed by gains in autos, airlines stocks.
On the economy front, the Union government has reduced the basic excise duty on petrol and diesel by Rs 2 per litre with effect from Wednesday. Also, eight core sectors grew by 4.9 percent in August, the highest growth rate since April, on account of robust performance of coal, natural gas and electricity segments.
On the corporate front, animal feed company Godrej Agrovet's initial public offering is scheduled to open for subscription on October 4, with a price band of Rs 450-460 per share.
Also, investors will be keening awaiting the outcome of RBI’s policy meet scheduled to end today.
Positive trends in the SGX Nifty Index Futures for October delivery, which were trading at 9,891.50, up by 17 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
