Indian benchmark indices got off to a firm start on Wednesday, and soon gathered momentum, to trade with gains of around quarter per cent in the morning session, and in the second half the key indices capitalised on the momentum further, spurting to the highest levels of the day. In the end, the NSE’s 50-share broadly followed index, Nifty, surged by around half a per cent to settle at 9143 level, while Bombay Stock Exchange’s Sensitive Index- Sensex advanced over one hundred and twenty points and closed above the psychological 29,500 mark.The European markets ended Wednesday’s session with modest gains. The markets got off to a positive start, but pared their gains ahead of today’s announcement from the U.K. Traders reacted to the news that Article 50 had been triggered with relative calm in the afternoon. The DAX of Germany climbed 0.44 per cent and the CAC 40 of France rose 0.45 per cent. The FTSE 100 of the U.K. gained 0.41 per cent.The U.S stocks ended Wednesday’s session mostly higher, with Nasdaq Composite and S&P 500 Index ending the session in positive territory. However, Dow Jones ended the session with marginal losses. The Nasdaq Composite ended with a modest gain of 22 points. The S&P 500 advanced 3 points to 2,361. The Dow Jones Industrial Average closed with modest losses of 42 points.Asian stocks are trading negative. Japan’s Nikkei 225 declined by 47 points. Whereas, Hong Kong’s Hang Seng is trading with losses of 61 points and the Shanghai Composite shed 24 points.At 8:15 am, SGX Nifty Index was trading higher by 11.50 points at 9156, indicating a flat to positive start for Indian equities. Investors will cheer the clearance of 4 GST Bills in the Lok Sabha, as the GST inches closer to being a reality by July 1, 2017. Expect some volatility later in the day as we have March F&O expiry today.
Markets may open flat to positive bolstered by GST clearance
by SGX Nifty · March 30, 2017
Follow us on Twitter @Sgx_Nifty_
SGX Nifty
sgxnifty.org@imediaone.com
You may also like...
-
Markets may open flat to negative amid subdued global cues
17 Apr, 2017
Indian benchmark indices on Thursday got off to a flat start, and slipped below the neutral line, thereafter trading in...
-
Markets may open negative, with sector specific action as the budget allocation sinks in
2 Feb, 2017
Indian benchmark indices started the session on a soft note and thereafter indices traded in a narrow range ahead of the...
-
SGX Nifty Pointing Higher for Stocks in India
19 Jul, 2016
In opening market trading Tuesday, the SGX Nifty is higher by 37.50 points as Asian stocks are mostly higher. On...
Rules of Discussion on Markets may open flat to positive bolstered by GST clearance
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.
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.
Stop Paying High Brokerage
Reduce your brokerage by 90%
Lowest Rates from Best Brokers
Special offer only for SgxNifty.org
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!
- Next story India : Post Market Data – 30-Mar-2017
- Previous story India : Post Market Data – 29-Mar-2017
Archives
