Thursday 15 June 2017

Sensex trades higher, Nifty regains 9,600 after BoJ holds steady

The benchmark indices were trading flat with positive bias on Friday taking a lead from Asian markets, which appeared to take in stride the resumption of the US technology rout overnight, Investors also took cues from the Bank of Japan maintaining status quo in its June board review, pledging to keep asset purchases around the current target of 80 trillion yen ($727 million).  At 10:13 am, the S&P BSE Sensex was trading at 31,137, up 74 points, while the broader Nifty50 was ruling at 9,603, up 26 points. In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.4% and 0.3%. "Going ahead, 9,550 would be seen as immediate support levels; whereas on the higher side, 9,610-9,650 remains to be intraday hurdles for the Nifty," said brokerage Angel Broking in a technical note.  Commodity Trading Tips

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