Friday 30 September 2016

Opening Bell - Sensex, Nifty flat

At 9:15 AM, the S&P BSE Sensex is trading at 27,846 up 18 points, while NSE Nifty is trading at 8,584 down nere seven points.

Asian markets are trading mixed. In Japan, the Nikkei 225 fell 1.6%. Hong Kong's Hang Seng slipped 1.3%, while Shanghai Composite is trading in green.

Wall Street closed lower on Thursday. The Dow Jones industrial average slid 1.07% to 18,143.45 points at the close, its sharpest decline since Sept 13. The S&P 500 lost 0.93% to end at 2,151.13 and the Nasdaq Composite dropped 0.93% to 5,269.15.

US crude futures added 1.7% to USD 47.83, after climbing to as high as USD48.32, the highest level in almost five weeks.

On agenda today are GST Council meet, CPI for Industrial workers and Core Sector growth for August. The rollovers have been below average. Foreign investors have pumped in over Rs.7,000 crore.

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