Markets likely to open with positive bias despite mixed global cues
March 09, 2021
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Stocks likely to witness action are: BPCL, Max Financial, PSP Projects Dhunseri Ventures, Mindspace Business Parks, Lemon Tree Hotels, and CMI. Benchmark indices are expected to open with a positive bias on Tuesday, as the SGX Nifty is currently ruling 100 points higher at 15,080, as against Monday s Nifty futures closing price of 14,977 on the NSE.
However, Asian markets in early trade on Tuesday were mixed with Japan s Nikkei and Australian stocks were moderately up while Chinese, Korea and Taiwan stocks slipped. The overnight closing of US stocks too, presents a mixed clue with Nasdaq plunging over 2.4 per cent and S&P 500 by 0.5 per cent even as the Dow Jones Industrial Average edged up almost one per cent.