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Sensex, Nifty to see flat opening amidst mixed global cues
July 01, 2021
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Stocks to watch out for today: Ramco Cements, Sakthi Sugars, Embassy Office Parks REIT, Lupin, Triveni Engineering, and Macrotech Developers. Domestic markets are expected to open in a narrow range on Thursday, as signals from global markets are mixed. Investors have also turned cautious on the back of rising new variant of Covid-19 and ahead of second first-quarter results of FY22, said market men. Currently, SGX Nifty is ruling at 15,769.80, almost at the same level of Nifty futures Wednesday s closing of 15,752.15.
The US stocks overnight ended on a mixed note with Dow, S&P-500 edging up 0.61 per cent and 0.21 per cent respectively, while tech-heavy Nasdaq fell 0.17 per cent. In Thursday s morning trade, equities across Japan, Hong Kong, China, South Korea and Australia are down even as Taiwan market is ruling firm.
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.