Nifty, Sensex to bounce back at open
June 10, 2021
Market awaiting further triggers to move forward
After a sharp correction on Wednesday, the market appears set to open in the green on Thursday amid mixed global cues. Though the US markets corrected overnight, Asian markets and US stock futures turned positive in early morning on Thursday.
According to analysts, the market is awaiting further triggers to move forward, though action will remain high in select small and mid-cap stocks.
The SGX Nifty at 15,718 (8 am IST) indicates a flat-to-positive opening for Nifty futures, which on Wednesday closed at 15,660.25. Most Asian-Pacific markets such as Japan, China, Hong Kong, Australia, Taiwan and South Korea are up by around 0.4 per cent.
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