Market likely to open on flat note amidst dull global cues
June 29, 2021
A view of the Bombay Stock Exchange (file photo) - REUTERS×
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Domestic markets are expected to open on Tuesday on a negative-to-flat note amid weak global cues. As the Union Government announced fresh relief measures to boost economy, experts believe that the market is likely to move in a range with limited downfall.
The SGX Nifty is currently ruling at 15,858 indicates (8 am) a flat opening as the Nifty futures on Monday closed at 15,855 and the spot at 15,814.70.
The divergent trend continued at the US bourses, with tech-focussed Nasdaq and the broader S&P 500 edging up almost one per cent and 0.23 per cent respectively, even as the Dow Jones Industrial Average slipped 0.44 per cent.
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February 08, 2021
Stocks to watch out for today: BEML, BHEL, L&T, HAL, ITC and VRL Logistics The domestic market appears to open the new week on a strong note. Indications from SGX Nifty, which is currently ruling at 15,035 as against the Friday Nifty futures close of 14,930 on Friday here, signal bulls are likely to have the upper hand on Monday, at least in the early part of the week.
Asia-Pacific markets such as Australia, Japan, China, Hong Kong Taiwan, and Singapore are ruling firm with gains in the range of 0.35-2 per cent.
On Friday, the S&P BSE Sensex closed well above 50,000-mark at 50,732 while Nifty50, which crossed the 15,000-mark, settled at 15,924, thanks to heavy buying by foreign portfolio investors.