Indian market is likely to have a flat opening as the Asian market is trading mixed. On Monday, the Indian markets ended on a positive note, as BSE Sensex closed higher by 103.45 points at 15,422.05 while Nifty grew by 10.75 points to close at 4,474.75. We expect the market to remain range bound during the trading session.
US market remain closed yesterday due to celebration of their labor day.
The major stock markets in Asia are trading mixed. Japan''s Nikkei trading lower by 70.15 points at 16,454.78. Hang Seng grew by 33.37 points to trade at 23,937.46. Taiwan weighted slipped by 55.83 points to trade at 8,924.13. Singapore Strait times trading flat at 3,386.62. Seoul Composite also trading flat at 1,882.03.
Today, Nifty has support at 4,375 and resistance at 4,530 and BSE Sensex has support at 15,150 and resistance at 15,560.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment