The key indices are set to open higher on Friday but the market may continue to remain rangebound on mixed global cues. SGX Nifty is trading 8.00 points higher.
Indian shares rose on Thursday, snapping a three-day losing streak as investors saw some of the losses in the previous sessions in sectors such as financials as overdone, with sentiment also boosted by higher global markets. The S&P BSE Sensex and CNX Nifty gained 0.56%-0.62% each.
Sensex closed at 29332.16, rose by 164.48 points or by 0.56%, and the NSE Nifty ended at 9086.30, up by 55.85 points or by 0.62%
European markets closed higher on Thursday as investors continued to monitor developments surrounding U.S. President Donald Trump's pro-growth agenda.
Wall Street fell on Thursday as investors worried about a delay in a vote on a healthcare bill. The US House of Representatives cancelled Thursday's vote on.
Dollar hangs on for US healthcare vote while Asian markets were muted early Friday. Oil prices idled near four-month lows on investor concerns that OPEC-led supply cuts were not yet reducing record US crude inventories..
Major Headlines of the day:
NHPC in power purchase pact with 7 power stations for 35 years.
Union Bank of India sells entire 5% stake in TransUnion CIBIL for Rs191 cr.
ABNL has transferred entire 51% stake in Birla Sun Life to AB Fin Svcs
Trend in FII flows: The FIIs were net buyers of Rs 1094.44 the cash segment on Thursday while the DIIs were net sellers of Rs -590.78 as per the provisional figures.
Securities in Ban For Trade Date 24-MAR-2017: