Watch out a positive opening,a positive day ahead

Indian benchmark indices got off to a positive start, and moved higher, however, during the afternoon session, the market moved in a narrow range, but strong buying in the last hour of trade helped indices to end near day’s highs. Finally, the NSE’s 50-share broadly followed index, Nifty, got buttressed by over half a per cent to settle just above the crucial 9,100 support level, while Bombay Stock Exchange’s Sensitive Index- Sensex accumulated over one hundred and seventy points and closed above the psychological 29,400 mark.The European markets fluctuated between small gains and losses in early trade on Tuesday, however, in the afternoon session it entered into positive territory and ended the session with robust gains. The DAX of Germany climbed 1.28 per cent and the CAC 40 of France rose 0.57 per cent. The FTSE 100 of the U.K. gained 0.68 per cent.  The U.S. stocks ended higher on Tuesday as U.S Consumer Confidence Index rose to 125.6, highest since December 2000, from 116.1 in February. The Dow Jones Industrial Average rose 151 points to finish at 20,702. The S&P 500 index closed up 17 points at 2,359. The Nasdaq Composite index finished up 35 points.Asian stocks are trading mixed. Japan’s Nikkei 225 declined marginally by 5 points. Whereas, Hong Kong’s Hang Seng surged 48 points and the Shanghai Composite shed 16 points.At 8:13 am, SGX Nifty Index was trading higher by 28.50 points at 9142, indicating a positive start for Indian equities. 

SGX Nifty

sgxnifty.org@imediaone.com

You may also like...

Rules of Discussion on Watch out a positive opening,a positive day ahead

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Self-promotion once a week is allowed. Too much promotion or using Contact info in ID will lead to account ban.