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Market may open flat with positive bias - The Hindu BusinessLine


Market may open flat with positive bias
June 07, 2021
RInfra, Hero Moto, IOL Chem, Welspun, Rohit Ferro to remain in focus
Indian markets are likely to open on a positive note but within the range, amidst positive global cues, easing corona cases and mixed economic data. The BSE Sensex, which narrowly missed topping the all-time high of 52,516.76 on Friday, will remain in focus.
The SGX Nifty at 15,733 (8 am IST) indicates a flat-to-positive opening for Nifty futures, which on Friday closed at 15,700.85 on the NSE.
Most Asia-Pacific stocks are also listless with markets in Japan, China, Australia and South Korea trading little changed. However, Taiwan equities are down about 0.6 per cent. ....

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Power Grid Corporation of India Ltd acquires Sikar New Transmission Limited

Power Grid Corporation of India Ltd acquires Fatehgarh Bhadla Transco Limited

SGX Nifty signals a 100-point gap-up opening - The Hindu BusinessLine


Stocks likely to see action today are: AU Small Finance, Godrej Properties, Max Healthcare, Confidence Petroleum India, JSW Energy, Jubilant Foodworks, Magma Fincorp and PowerGrid
Indian stock markets are expected to open with a gap-up opening on Wednesday, thanks to strong global cues. As US Treasury yields softened considerably, the tech-heavy Nasdaq jumped 3.7 per cent overnight. The S&P 500 and the Dow Jones Industrial Average too gained 1.4 per cent and 0.10 per cent.
However, Asian stock markets are up only moderately, signalling the weakness at higher levels.
Following the US market trends, the SGX Nifty is currently hovering at 15,237, which is almost 100 points higher than the Nifty March futures that closed at 15,134 on Tuesday. ....

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