Tuesday, 5 January 2016

Global cues mixed, but Nifty may open above 7800

For detail updates keep touch with us at http://www.marketmagnify.com/nifty-future-tips.php or call us at 07316619100.
The Indian equity market is expected to open in the green today with the SGX Nifty, an indicator of the market opening, trading at 7830.50, up 28.50 points at 7:40.

The first day of the week saw equity benchmarks crashing more than 2 percent following steep correction in Chinese markets on slowdown fears and geopolitical tensions. All sectoral indices ended in red. The broader markets were also under pressure.

The 30-share BSE Sensex plunged 537.55 points or 2.05 percent to 25623.35 and the 50-share NSE Nifty lost 171.90 points or 2.16 percent to 7791.30
Asian markets recovered from Monday's sharp selloff while Chinese markets tumbled at opening before quickly erasing early losses. The Shanghai Composite fell 3.1 percent before gaining 0.95 percent.

No comments:

Post a Comment