Indian indices likely to start flat, as Asian markets witnesses lacklustre trade

Indian benchmark on Monday got off to a gap up opening, as investors sentiments around the globe remained upbeat after Emmanuel Macron was elected French president with a business-friendly vision of European integration, however, benchmark indices remained in a narrow range and ended the session with modest gains. To finish, the NSE’s 50-share broadly followed index – Nifty advanced over a quarter per cent to settle at the crucial 9,300 levels, while Bombay Stock Exchange’s Sensitive Index – Sensex added sixty-seven points and closed above the psychological 29,900 mark. The European markets most ended lower on Monday. The DAX of Germany slipped 0.18 per cent and the CAC 40 of France fell 0.92 per cent. The FTSE 100 of the U.K. eked out a slight gain of 0.05 per cent.U.S. stocks mostly ended flat on Monday. The Dow Jones Industrial Average rose 5 points at 21,012. The Nasdaq Composite index closed 2 points higher at 6,103. The S&P 500 closed unchanged at 2,399.Asian markets are trading lacklustre on Tuesday. Japan’s markets Nikkie 225 slipped 16 points. Hong Kong’s Hang Seng shed 6 points. China’s Shanghai Composite fell 17 points.At 8:14 am SGX Nifty Index trading almost unchanged at 9,346, indicating flat start for Indian indices.

SGX Nifty

sgxnifty.org@imediaone.com

You may also like...

Rules of Discussion on Indian indices likely to start flat, as Asian markets witnesses lacklustre trade

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. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean