Markets set to open higher, all eyes would be on Infosys Q4 results
SGX Nifty is currently trading in the green, up 29 points at 10,497. Indian markets are expected to continue the positive momentum taking cues from global equities and positive macroeconomic data. Traders would also keep an eye out on Infosys, the first large-cap company set to announce its Q4 results later in the day.
Global markets: Major Asian markets are trading with a positive bias at present, Nikkei is up 0.82%, Hang Seng is up 0.48%, while Shanghai Composite is trading 0.28% higher.
US Markets: Stocks witnessed a positive rally offsetting the weakness seen in the previous session. The Dow rallied 1.2% to 24,483.05, the Nasdaq gained 1% to 7,140.25 and the S&P 500 climbed 0.8% to 2,663.99. The rally on Wall Street was witnessed after US President Donald Trump sought to downplay concerns about an attack on Syria. "Never said when an attack on Syria would take place. Could be very soon or not so soon at all!" Trump said in a post on Twitter.
European markets also ended in the green yesterday with the FTSE closing 0.02% higher, CAC ended up 0.59%, while the DAX managed to end 0.96% higher.
FII Data: In yesterday’s trading session FIIs bought 368 crores stock in the cash market, whereas DIIs sold 615 crores worth of stock. In the derivative market, FIIs bought 315 crores of Index futures and bought 765 crores worth of Index options. In the Stock futures segment,
CASH PREMIUM CALL: BUY ASHOKLYL 147.50 TARGETS 149.80 / 151.90 / 154.90 STOPLOSS 145.50
Global markets: Major Asian markets are trading with a positive bias at present, Nikkei is up 0.82%, Hang Seng is up 0.48%, while Shanghai Composite is trading 0.28% higher.
US Markets: Stocks witnessed a positive rally offsetting the weakness seen in the previous session. The Dow rallied 1.2% to 24,483.05, the Nasdaq gained 1% to 7,140.25 and the S&P 500 climbed 0.8% to 2,663.99. The rally on Wall Street was witnessed after US President Donald Trump sought to downplay concerns about an attack on Syria. "Never said when an attack on Syria would take place. Could be very soon or not so soon at all!" Trump said in a post on Twitter.
European markets also ended in the green yesterday with the FTSE closing 0.02% higher, CAC ended up 0.59%, while the DAX managed to end 0.96% higher.
FII Data: In yesterday’s trading session FIIs bought 368 crores stock in the cash market, whereas DIIs sold 615 crores worth of stock. In the derivative market, FIIs bought 315 crores of Index futures and bought 765 crores worth of Index options. In the Stock futures segment,
CASH PREMIUM CALL: BUY ASHOKLYL 147.50 TARGETS 149.80 / 151.90 / 154.90 STOPLOSS 145.50
| Support / Resistance: Intraday Nifty: 10458 | |
| S1 – 10380 | S2-10320 |
| R1- 10520 | R2 -10630 |
| Support / Resistance: Intraday Bank Nifty: 25195 | |
| S1 – 24950 | S2-24800 |
| R1 - 25300 | R2 -25600 |
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