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Indian Indices Likely To Open Flat As Asian Markets Trading In Mixed Zone

Indian Equity Markets Are Likely To Open On A Flat Note On Tuesday, As Cues From Asian Markets Are Mixed. The Muted Trend In The SGX Nifty, Which Was Trading With Modest Gains Of 2 Points At 9,464, Indicated That Domestic Bourses May Open On A Flattish Note.
Now, Going Forward, Nifty50 Needs To Sustain Above The Level Of 9,455 To Extend Its Upward Move Towards The Levels Of 9,480-9,500. On The Downside, Immediate Support Stands At The Level Of 9,420, And If This Support Is Breached, The Next Support Is Placed Around The Level Of 9,370. Bonaz Capital
The Key Results For The Day Are Tata Steel, Whirlpool, PNB, Shree Cement, OFSS, Andhra Bank, JK Paper. #INA000003197
Back Home, India Markets On Monday Opened The Session With A Gap-Up, And After The Gap-Up Opening, Markets Traded In A Range For The Most Part Of The Trading Session. However, During The Last Leg Of The Trading Session, Buying Momentum Was Seen And Nifty Hit A Record Closing High.
On Monday, The US Stocks Closed In The Positive Territory. The Nasdaq Composite And The S&P 500 Closed At Fresh Records As A Sharp Bounce In Oil Prices Helped To Lift Sentiments On Wall Street. The Nasdaq Composite Advanced 28 Points To End At 6,150. The S&P 500 Index Gained 11 Points To Finish At 2,402. The Dow Jones Industrial Average Surged 85 Points To Close At 20,982. Bonaz Capital
Asian Markets Are Trading Mixed On Tuesday. Japan’s Nikkei 225 Has Risen 81 Points, Whereas Hong Kong’s Hang Seng Has Lost 50 Points And China’s Shanghai Composite Is Trading With Loss Of 13 Points.