Monday, 30 November 2015

Nifty futures updates : Sensex gains near 100 pts, Nifty above 7,950

http://www.researchvia.com/nifty-futures/
Today's Nifty futures tips : The S&P BSE Sensex rallies nearly by 100 pts in trade, ahead of Reserve Bank of India's monetary policy meet due later in the day at 11:00 am.

 The Nifty50 managed to reclaim its critical psychological level of 7,950, supported by gains in metal, realty, power, FMCG, and capital goods stocks. Amtek Auto shares tumbled over 4 per-cent while those of Wipro & Vedanta climbed about 2 per-cent each. Meanwhile, TreeHouse Education continued its newely slump to slip 5 per-cent in early trade, the stock has shed over 25 per-cent in the past 3 trades.

Today, the INR(rupee) appreciated by 15 paise to 66.52 against the USD in early trade, ahead of the Reserve Bank of India's (RBI) bimonthly policy review scheduled for the day.

The native currency had closed at 66.67 against the greenback in the previous session. While Other Asian markets were trading in the green. Japan's Nikkei earned 1.01 per-cent while the South Korean Kospi edged higher by 1.4 per cent. Hong Kong's Hang Seng index went high by 1.5 per-cent while mainland China's Shanghai Composite was down 0.52 per-cent.

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