Friday, 27 January 2017

Opening Bell – Nifty trades above 8600; GAIL & Axis Bank up by more than 2%

BSE Sensex opened higher by 63 points at 27777, while the Nifty50 opened higher by 10 points at 8614 mark. 

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The BSE Sensex opened higher by 63 points at 27777, while the Nifty50 opened higher by 10 points at 8614 mark.

FMCG, IT, Media and Pharma opens in red while all other sectors opens in green on Friday’s trading session.
Intraday Tips

Rupee opens at 68.18 per dollar down by 10 paise.

European markets ended mixed on January 26. DAX of Germany closed at 11848.63 level gaining 42.58 points or 0.36%. CAC 40 closed at 4867.24 losing 10.43 points or 0.21%. FTSE 100 of UK closed at 7161.49 level losing 2.94 points or 0.04%.

The US markets ended on mixed note on January 26. The Dow Jones Industrial Average rose 32.40 points to close at 20,100.91. The S&P 500 Index slipped 1.69 points to end at 2,296.68 after briefly touching 2,300 intra-day. The Nasdaq Composite Index shed 1.16 points at 5,655.18.

The Japanese market Nikkei 225 surged 72 points after the yen posted its biggest one-day drop against the dollar in a week. The markets in China, South Korea, Taiwan, and Vietnam will be closed for the start of Lunar New Year, while those in Hong Kong, Malaysia and Singapore will have shortened sessions.

The SGX Nifty index is trading at 8659 mark, the SGX Nifty rose near about 1% on Thursday.

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