Sensex, Nifty: US markets. GIY Nifty positive; how will the market open today?
Kolkata: Has the positive momentum of the aggressive RBI rate cut run its course? Will he US-China trade talks in London infuse new hope? Will investors resort to profit taking after two days of gains, or will they take the cue from the US markets, all of which ended in the green and from the rise of GIFT Nifty on Tuesday morning? That’s the question today.
On Monday, June 9, the Indian market indices began on a strong note on the back of positive global sentiment ahead of US-China trade discussion, strong US jobs data, progress in US-India trade negotiations and the RBI’s lowering of the policy Repo Rate. At close of trade, Sensex 30 was up 256.22 points (0.31%) and stood at 82,445.21, while Nifty 50 recorded a gain of 100.15 points........
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