Markets are expected to open on a cautious note albeit with a positive bias on Monday. The WPI inflation data scheduled after market hours today will be crucial trigger for the markets.
According to the technical experts, the Sensex is likely to trade with a positive bias as long as the index sustains above 19,925, below which the index can slip to 19,700. On the upside, the index can surge to 20,100 or further higher to 20,260.
At 8:30AM IST, SGX Nifty was up 3 points at 6,021.
Meanwhile Asian shares were trading marginally higher as investors kept to the sidelines ahead of fresh economic data from China. Japanese financial markets are closed for a public holiday
The Dow Jones industrial average gained 3.38 points, or 0.02 percent, to end at 15,464. The Standard & Poor's 500 Index rose 5.17 points, or 0.32 percent, to 1,680. The Nasdaq Composite Index climbed 21.78 points, or 0.6 percent, to close at 3,600.
According to the technical experts, the Sensex is likely to trade with a positive bias as long as the index sustains above 19,925, below which the index can slip to 19,700. On the upside, the index can surge to 20,100 or further higher to 20,260.
At 8:30AM IST, SGX Nifty was up 3 points at 6,021.
Meanwhile Asian shares were trading marginally higher as investors kept to the sidelines ahead of fresh economic data from China. Japanese financial markets are closed for a public holiday
The Dow Jones industrial average gained 3.38 points, or 0.02 percent, to end at 15,464. The Standard & Poor's 500 Index rose 5.17 points, or 0.32 percent, to 1,680. The Nasdaq Composite Index climbed 21.78 points, or 0.6 percent, to close at 3,600.
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