Nifty likely to open higher.
The Nifty50 is likely to open the first day of June series on a positive note on Friday even as most of the Asian markets were trading mixed. Asian markets were trading mostly lower as investors feared U.S. President Donald Trump shock move to slap tariffs on Mexico risked tipping the United States, and maybe the whole world, into recession, said a Reuters note. Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, gains of 22 points or 0.19 percent. The Nifty futures were trading around 11,998-level on the Singaporean Exchange. The rupee May 30 fell marginally by 4 paise to close at 69.87 against the US currency, extending its decline for a third straight day, due to a stronger dollar and investors awaiting the allocation of key portfolios in the newly elected government.
Global Market:
Asian Markets: Asian markets are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 0.16% while the Hang Seng is down 0.26%. The Nikkei 225 is not trading.
US Markets: North and South American markets finished broadly higher today with shares in Mexico leading the region. The IPC is up 1.15% while Brazil's Bovespa is up 0.92% and U.S.'s S&P 500 is up 0.21%.
European Markets: European markets finished higher today with shares in Germany leading the region. The DAX is up 0.54% while France's CAC 40 is up 0.51% and London's FTSE 100 is up 0.46%.
Major Headlines of the day:
Rupee opens at 69.76 per dollar.
Tata Teleservices rallies 16% on strong Q4 show The company is also planning to raise additional funds by the issuance of securities and instruments.
Tata Power gains 2% after bagging solar project in Gujarat Tata Power will supply the energy to GUVNL under a Power Purchase Agreement (PPA) valid for a period of 25 years from the scheduled commercial operation date.
Alkem Laboratories gains 3% post Q4 nos Its revenue was up 24.3 percent at Rs 1,854.2 crore versus Rs 1,492 crore.
Vaibhav Global rises 4% as board approves buyback The share touched its 52-week high Rs 770 and 52-week low Rs 573.30 on 21 September, 2018 and 01 October, 2018, respectively.
Trend in FII flows:- The FIIs were Net Value of Rs 1664.74 segment while the DIIs were Net Value of -1122.60 the provisional figures.
Securities in Ban For Trade Date 31-MAY-2019
Financial
Advisory Company in Indore, Stock
Advisory Company in Indore, Equity Tips, FreeTrading Tips , MCX Tips, sebi registered advisory company, Intraday
stock tips, Free
commodity tips
0 comments:
Post a Comment