The Indian benchmarks are set to open higher on Thursday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trading across Asian markets. In the overnight trade.
The key Indian stock indices closed at their lowest levels in nearly two weeks on Wednesday, falling for a third straight session, as Banking and Automobile shares slid. The S&P BSE Sensex and the CNX Nifty lost 1.08% and 1.00%, respectively. The S&P BSE Sensex and CNX Nifty dipped 1.08%-1.00% each
Sensex closed at 29167.68, fell by 317.77 points or by 1.08%, and the NSE Nifty ended at 9030.45, slipped by 91.05 points or by 1.00%.
Asian stocks rose early Thursday, taking their cues from a Wall Street bounce, while the dollar crawled up from a four-month low but remains clouded by concerns about US President Donald Trump's progrowth policies.
Wall Street ended mixed after a choppy session on Wednesday as investors focussed on President Donald Trump's struggle to push through a healthcare bill and snapped up stocks after a steep drop the day befor
Asian stocks fell on Wednesday as a sharp pullback in Wall Street on doubts about Donald Trump's economic agenda prompted investors to rush to safe haven assets such as gold and government bonds.
Major Headlines of the day:
HPCL, IOC and BPCL to consider interim dividend on March 23.
Bank of Baroda raises Rs 1,000 cr via bonds.
DLF completes restructuring of JVs with Blackstoneled Ridgewood Holdings
Trend in FII flows: The FIIs were net buyers of Rs 356.64 the cash segment on Wednesday while the DIIs were net sellers of Rs -779.91 as per the provisional figures.
Securities in Ban For Trade Date 23-MAR-2017: