The pre-market set up for trade today at the start looks quite okay for the market.
The market this morning is likely to open flat as the SGX is also indicating but more importantly interesting thing is that the Nifty over the last few days has clearly indicated that it is not willing to go higher than 6,350-6,400. Anuj Singhal of CNBC-TV18 gives details in his pre-market update.
Here is Anuj Singhal of CNBC-TV18 on pre-market update
Today the global cues are absolutely flat and even the SGX is indicating that we will have a flat start. However, what is going to dampen sentiment, a bit, is what happened with the foreign institutional investor (FII) number yesterday. Here‘s Anuj Singhal of CNBC-TV18 with his pre-market update.
It was a string rally on Dalal Street yesterday. The Nifty surged 108 points to close at 5,140. Meanwhile, the Sensex too showed off gains to close 353 points higher at 17,099.
The US markets will be shut today on account of Labour Day.