Sensex, on Monday, stopped
up 291 points up at 29,656 due to positive worldwide cues. Among sectors,
Banks, Capital Goods and Realty gained over 1.3% to 3.0% each. Surrounded by
stocks, L&T, Axis Bank and Gail gained over 2.5% to 3.2% each. Stock Market
breadth was positive with 1608 advances against 1280 declines.
Nifty stopped up 99
points up at 9,218. Today, we look forward to stock market to open on a positive
note on the back of positive worldwide cues.
US Markets closed on a
positive note. Dow closed 1.0% up while Nasdaq closed 1.1% top. U.S. stocks
climbed as the weekend vote in France triggered a come together in worldwide
equities, and President Trump viewed to announce tax reforms this week. US
markets, today, will see data releases on HPI m/m, S&P/CS Composite-20 HPI
y/y, CB Consumer self-assurance, latest Home Sales and Richmond Manufacturing
Index.
Asian markets are
trading on a positive note; Nikkei is trading 0.8% up and Hang Seng is trading
0.8% up. SGX Nifty is trading 26 points advanced at 9,253. Indian ADRs finished
the day on a mixed note. Among financial ADRs, ICICI Bank closed 1.5% higher,
while HDFC Bank closed 3.3% higher. Among IT ADRs, Wipro gained 0.8% and
Infosys closed 0.3% lower. Tata Motors ADR gained 1.4%.
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