Tuesday, 22 March 2016

Nifty may open up; Asia mixed, oil up before US contract expiry

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The SGX Nifty, trading 9.00 points up at 7720.00 at 7.38 AM, on Tuesday indicates a marginally positive opening for the 50-share Nifty. 
Asian markets were trading mixed after US equities squeezed out gains overnight. The Nikkei 225 was up 1.94 percent despite having been under pressure in recent weeks due to the yen’s strength against the USD. The Hang Seng gained 0.23 percent while the Shanghai Composite was off 0.33 percent.

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