Markets may open flat with positive bias

Equity tips:-
  • Indian equity markets are likely to begin the day with marginal gains on Tuesday, tracking positive cues from Asian peers. The SGX Nifty, which was trading at 10,127, up by 21 points, hinted at domestic bourses opening on a flat note with positive bias.
  • Nifty50 is likely to face resistance around the recent high of around 10,114, and once this level is pierced, the index may march up to the levels of 10,200-10,240. On the downside, the level of 10,000 may act as a support and the next support is seen at the level of 9,940.
  • Key results for the day: JSW Steel, Marico, PC Jeweller, PEL and Power Grid.
  • Back home, after opening the day on a flat note, Indian benchmark indices travelled northwards and settled at the end of the day at fresh all-time closing high levels. The stock price of the country’s largest lender SBI surged over 4% after it lowered interest rate on savings bank accounts to 3.5% from 4% on balance of Rs 1 crore and below.
  • The US stocks ended on a mixed note on Monday, with the Dow reaching another new record closing high. The Dow Jones Industrial Average edged up 61 points to finish at 21,891. The tech-laden Nasdaq Composite Index fell 27 points to 6,348, while the S&P declined 2 points to close at 2,470.
  • Asian stocks inched up in early trade on Tuesday. Japan’s Nikkei 225 has advanced 61 points. Hong Kong's Hang Seng has surged 166 points and China’s Shanghai Composite has gained 12 points.
    If you want to more information regarding the Stock tips,commodity tipsnifty tips missed  call @ 9069102223 or fill form http://24cfin.com/free-trial     

Comments

Popular posts from this blog

Closing Update of Indian Share Market of 3 December'2018

Morning Update of Indian Share Market- 5 December 2018

6 December 2018- Morning Update