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Nifty opens on flat-to-positive note - TradeBizz Research

Tags: closed nifty bank
NIFTY FUTURE UP +18.50 @ 9682.40, Bank Nifty FUTURE UP +55.35 @ 23.615 USDINR @ 64.6250

NIFTY FUTURE: S1-9654.23, S2 9628.57, R1- 9701.98, R2-9724.07 BANK NIFTY FUTURE: S1 – 23439.70, S2-23319.75, R1- 23643.90, R2 23728.15

Sensex, on Wednesday, closed 80 points up at 31271 as RBI leaves repo rate unchanged. Among sectors, Bankex, metals and healthcare gained by over 0.7% to 1.1% each. Among stocks, M & M, ICICI Bank and Reliance gained by over 1.5% to 1.9% each. Market breadth was positive with 1460 advances against 1200 declines.
Nifty closed 26 points up at 9,663. Today, we expect markets to open on a negative note on the back of negative global cues.

US Markets closed on a positive note. Dow closed 0.2% up while Nasdaq closed 0.3% up. Today, US
markets will see data release on natural gas storage.

Asian markets are trading flat today; Nikkei and Hang Seng is trading flat. SGX Nifty is trading 14 points down at 9681. Indian ADRs ended the day on a mixed note. Among financial ADRs, ICICI Bank closed 1.7% up, while HDFC Bank closed 0.4% up. Among IT ADRs, Wipro closed 0.7% down and Infosys closed 1.7% down. Tata Motors ADR closed 0.7% down.

For stock future tips, stock cash tips, stock option tips, equity tips, mcx tips and for more updates click here -  http://www.tradebizzindia.com/freetrial


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