Pre-market: Nifty seen opening flat; may hit fresh record highs
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 open flat, but should be able to pick momentum later in the day and surpass its previous record high of 7758 hit on 04 July.
At 07:30 a.m., Nifty India stock futures in Singapore were trading 7.50 points higher at 7,795 indicating flat-to-positive opening on the domestic market.
Nifty ended the day with a gain of 36 points at 7751, while Sensex ended on a record closing high of 25962.06, up 138.31 points on Friday.
NEW DELHI: Indian markets are expected to trade in a range on Monday, tracking muted trend seen in other Asian markets and SGX Nifty.
Benchmark indices recorded fresh peak on growth expectations in the upcoming budget. The S&P BSE Sensex rose 3.43 per cent and Nifty gained 3.23 per cent for the week ended July 04, 2014
Here is a list of eleven stocks which are likely to be in focus today:
ONGCBSE -0.76 %, Oil India:
Reliance Industries Ltd:
PNB:
JSW Steel Ltd:
GVK Power & Infrastructure Ltd:
IOC Ltd:
Lupin Ltd:
Dena Bank Ltd:
Tata Power Ltd:
Indian Hotels Ltd:
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