Indian market ended marginally higher on Monday, supported by gains in Metals, Realty and Banking stocks. But the market was dragged by Information Technology, Oil & Gas and FMCG stocks. Eventually, the NSE’s 50-share broadly followed index, Nifty, surged by 0.15 per cent to settle above the crucial 8,400 support level; while Bombay Stock Exchange’s Sensitive Index-Sensex accumulated over fifty points and closed above the psychological 27,250 mark.European stocks ended lower on Monday as investors awaited more detail on UK’s Brexit plan. The CAC ended the session with losses of 0.82 per cent at 4882.18; the DAX shed 74.47 points to end at 11554.71, while UK’s FTSE ended the session lower by 0.15 per cent at 7327.13.The U.S. markets remained closed on Monday for the Martin Luther King Jr. holiday. Most of the Asian markets are trading in negative terrain; however, Hong Kong’s Hang Seng is bucking the negative trend as its trading higher by 55 points, while Nikkei 225 and Shanghai Composite are down by 0.52 and 0.40 per cent respectively.At 7:58 am, SGX Nifty index has gained 0.08 per cent to 8,440, indicating a flat start for Indian equities. Investors will react to Reliance Industries results and the progress made by Goods and Services Tax Council on the argumentative dual control issue.
Markets may open flat, further driven by sentiments on RIL’s results
by SGX Nifty · January 17, 2017
You may also like...
Markets may open positive, but may remain dull in the wake of lacklustre global cues and domestic political uncertainty
17 Feb, 2017
After a somewhat listless start and a subsequent sluggish display, the Indian stock market moved higher on Thursday, with front...
18 Apr, 2017
Indian benchmark indices on Monday got off to a soft start, and they slipped lower in the late morning trade....
Markets may open flat to positive in the wake of global markets trading with renewed vigour in the New Year
5 Jan, 2017
The Indian benchmark indices on Wednesday opened on a slightly positive note following supportive global and Asian cues, but investors...
- Next story India : Post Market Data – 17-Jan-2017
- Previous story India : Post Market Data – 16-Jan-2017
Reduce your brokerage by 90%
Lowest Rates from Best Brokers
Special offer only for SgxNifty.org
Also a subscription confirmation mail has been sent to you.
If you don’t receive it in 5 minutes, then check your spam folder.
Thank you for subscribing!