Tuesday 1 March 2016

Gap-up opening expected as world stocks shine

are likely to extend yesterday’s gain today on the back of firm global cues. The early indicator SGX Nifty has surged by 106 points at 7,342 levels. Sensex Astrology 
On Tuesday, benchmark indices surged ahead with Nifty50 reclaiming 7,200 mark as clamours for an out-of-turn rate-cut in repo rate by the Reserve Bank of India (RBI) grew louder. The sharp rally in index heavyweightwas the major contributor to the gains. Nifty Trading Tips
RBI may make a surprise rate cut this week on government's commitment to meet the fiscal deficit targets.
Among overseas markets, Asian shares look set to test February highs on Wednesday as signs of recovery in the manufacturing sector and gains in oil prices eased worries about a global slowdown and pushed US stocks sharply higher.  Himanshu Tiwari Astrologer Blog

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6% in early trade, coming within striking distance of last month's peak touched on Feb. 23, its highest since early January.

US stocks rallied to a seven-week high after manufacturing in the world's largest economy showed signs of stabilising. Optimism that central banks from Asia to Europe will add to stimulus boosted emerging-market currencies and commodities,  Commodity Market Astrology Tips

0 Comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home