Pre-market: Nifty seen opening higher; may hit 7600 levels
NEW DELHI: The 50-share Nifty index is expected to open higher on Monday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to surpass its earlier record high of 7,592 recorded last week on Friday.
At 07:30 a.m., Nifty India stock futures in Singapore were trading 34.50 points higher at 7,630 indicating a positive opening on the domestic market.
Buoyant cues from both domestic and global front alongside with continuous buying helped benchmarks to gain nearly 5 per cent last week. Considering the prevailing sentiments, most analysts believe that markets will continue to march further northward in the coming week.
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