Nifty Trend and Level of today:-
Nifty likely to open
positive tracking Asian markets
Indian market is likely to open in positive in today’s trade
trailing a mixed opening in Asian trade. SGX Nifty too was trading at 7,637 levels,
up 29 points at 7:44 AM.
The market on Tuesday witnessed the biggest one-day fall in
last two months after an expected rate cut of 25 basis points by the Reserve
Bank. Both Sensex and Nifty closed 2 percent lower.
In commodities, crude priced bounced back after Kuwait said that
major producers are likely to freeze production later this month. Gold also
rose marginally to USD 1230 an ounce. In currencies, dollar touched 17-month
low against the yen on back on growing concerns over the global growth.
In currencies, dollar touched 17-month low against the yen
on back on growing concerns over the global growth.
Top news of the day:-
LIC likely to e-auction Unitech's mortgaged land: Srcs
Modi's Saudi visit may unnerve Pakistan: US expert
Panama law firm says data hack was external, files complaint
India on verge of astounding itself and world: US diplomat
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