Nifty50 is expected to open on a negative note on September 25 following weak global cues. US lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world’s largest economy.While some consolidation was expected as the market is trading near peak valuations, analysts are of the view that it will offer fresh buying opportunities.The market will take directional cues from the upcoming September quarter earnings of the corporates and RBI’s monetary policy outcome on October 4.Close Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 36.5 points loss or 0.31 percent. Nifty futures were trading around 11,695-level on the Singaporean Exchange. related news Trade Setup for Monday: Top 15 things to know before Opening Bell As coronavirus stalls global growth, safe haven gold may touch Rs 52,000 by next Akshaya Tritiya Market Week Ahead: 10 key factors that will keep traders busy The Sensex index added just 7 points to its previous close to end at 39,097.14 on September 24, with 15 stocks up and 15 down. On the other hand, Nifty lost 12 points to settle at 11,588.20, with 22 stocks in the… Read full this story
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Market Headstart: Nifty likely to open lower; Godrej Properties Finolex Cables top buying idea have 325 words, post on www.moneycontrol.com at September 25, 2019. This is cached page on Talk Vietnam. If you want remove this page, please contact us.