HNI Commodity Pack >> Market Expected To Rally Further, Metal And Fmcg Sector To Zoom

The Benchmark Index Nifty opened at 9860 and closed at 9884 after making low of 9851. The Index ended by 88 points higher from its previous close of 9796.


Bank Nifty opened at 24253 and closed at 24309 after making a low of 24241. The Index was up by 180 points from its previous close of 24129.

Nifty to open gap down by 26 points at 9858 against yesterday’s close of 9884.40 as per SGX Nifty.

The Cash Market Benchmark Index Small Cap opened at 7585 and closed at 7656 after making a high of 7661. The Index was up by 134 from its previous close of 7522.

International Market Update:

In International markets, S&P500 rallied for the 3rd consecutive day and is currently trading at 2457. Buying came after the release of ADP data, the Private sector employment in the U.S. increased by more than anticipated in the month of August, according to a report.

German Index Dax yesterday closed 12031, recently the Index made a low of 11863.

MSCI emerging market Index is trading at 1086 if it sustains above this level we might see a breakout in the emerging market like India.

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