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Sunday, 11 February 2018

A positive opening likely after a strong rebound in US markets | Trade Nivesh Investment

SGX Nifty indicate a positive opening for the Indian markets.
Markets are expected to trade range bound in today’s session with a positive bias.
Bank of India, Gail, Indian Bank and NHPC are some of the large-cap companies set to announce their Q3 results today.
Global markets
Major Asian markets are trading in the green, at present Shanghai Composite is trading 0.2 % higher, while Hang Sang is trading up 0.32%. Nikkei is shut in today’s trade.
US Markets: Wall Street witnessed heavy volatility in Friday’s session ending the session firmly in the green.
The Dow surged up 1.4% to 24,190.90, Nasdaq jumped 1.4% to 6,874.49 and the S&P 500 shot up 1.5% to 2,619.55.
The positive spike was mainly due to bargain hunting after the indices had reached a two month low due to steep corrections in the previous session.
European markets closed in the red on Friday with FTSE down 1.1%, CAX was down 1.42% and DAX closed 1.26% lower.

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