Pre Session- Sensex may open flat amid mixed Asia trend
16/01/2015 08:47
The key domestic benchmarks are likely to open little changed today tracking a mixed trend in Asian markets and a fifth straight bearish closing at Wall Street overnight as investors digested disappointing bank earnings and the Swiss National Bank’s decision to suddenly scrap its commitment to keep the franc above 1.20 per euro which led a flight from risky assets. China’s Shanghai Composite rose amid hopes of further monetary easing by policymakers to spur growth in the world’s second biggest economy. Hang Seng fell while Japan’s Nikkei 225 was trading lower as a stronger yen dimmed the appeal of exporter stocks. Back home, the Sensex may continue to be supported by the Reserve Bank of India’s (RBI) surprise decision to cut interest rates yesterday amidst softening inflationary pressures to help spur a revival of the investment cycle in Asia’s third biggest economy. Investors will eye December quarter earnings numbers from Wipro and Reliance Industries Limited today.
Top traded Volumes on NSE Nifty – State Bank of India 30729523.00, IDFC Ltd. 20033708.00, DLF Ltd. 17725500.00, ICICI Bank Ltd. 15148172.00 and Hindalco Industries Ltd. 10860317.00.
16/01/2015 08:47
The key domestic benchmarks are likely to open little changed today tracking a mixed trend in Asian markets and a fifth straight bearish closing at Wall Street overnight as investors digested disappointing bank earnings and the Swiss National Bank’s decision to suddenly scrap its commitment to keep the franc above 1.20 per euro which led a flight from risky assets. China’s Shanghai Composite rose amid hopes of further monetary easing by policymakers to spur growth in the world’s second biggest economy. Hang Seng fell while Japan’s Nikkei 225 was trading lower as a stronger yen dimmed the appeal of exporter stocks. Back home, the Sensex may continue to be supported by the Reserve Bank of India’s (RBI) surprise decision to cut interest rates yesterday amidst softening inflationary pressures to help spur a revival of the investment cycle in Asia’s third biggest economy. Investors will eye December quarter earnings numbers from Wipro and Reliance Industries Limited today.
Top traded Volumes on NSE Nifty – State Bank of India 30729523.00, IDFC Ltd. 20033708.00, DLF Ltd. 17725500.00, ICICI Bank Ltd. 15148172.00 and Hindalco Industries Ltd. 10860317.00.
