Wednesday, 2 December 2015

Latest Stock Cash Market Morning Updates | Equity Market Tips

The Indian equity market is likely to open in the green today around the psychological 8000 mark. The SGX Nifty, an indicator of the market opening, was trading at 8000.50, up 15.50 points at 7:40.

The equity benchmarks ended rangebound session on a flat note Tuesday after the Reserve Bank of India kept its policy rates unchanged. The broader markets outperformed benchmarks again. 
The 30-share BSE Sensex rose 23.74 points to 26169.41 and the 50-share NSE Nifty advanced 19.65 points to 7954.90. Metals, FMCG and HDFC group stocks supported the market while auto stocks saw correction after disappointed sales. 

Global cues are expected to aid this positivity with the Wall Street rallying to close near session highs despite weak manufacturing data. The S&P 500 topped the psychologically key level of 2,100. 

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