Nifty Yesterday Close 9205.6. Nifty Likely to open flat with sideways move following how global markets are performing now. Asia begins somewhat mixed following what Wall Street witnessed, Choppy Price Action where all Major Indices finished higher yesterday. SGXNifty is hovering around 9200 also suggesting a weaker opening.
Oil prices extended a rebound to test $30/barrel in 2020. US 10Yr bond yield stood at 0.66%. All US Index Futures are trading lower post the news breakout of Baghdad Airport being bombed with 3 missiles though need to watch closely since the International Departures had resumed for sending back stranded passengers.
India Corona Virus Cases Government to increase Taxes on Petrol & Diesel, Banks may extend the moratorium to NBFCs post-RBI clarification. FM may Except HDFCBank all other ADRs had declined in trades yesterday. Stocks to Watch OMC, AstecLife, NIITTech, AdaniPort, UBL & McDowell.