Nifty likely to open higher.
Indian Indices:Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 42 points or 0.37 percent. Nifty futures were trading around 11,520- level on the Singaporean Exchange.
Global Market:
• Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.18% while the Hang Seng is down 0.54%.
The Shanghai Composite is not trading.
• US Markets: U.S. and China officials are reportedly working on a plan to hold talks to end
a trade dispute between the two countries that would result in meetings between Trump and Xi at a summit in November, according to the Wall Street Journal.
• European markets: European markets finished mixed as of the most recent closing prices.
The FTSE 100 gained 0.03%, while the DAX led the CAC 40 lower. They fell 0.22% and 0.08% respectively.
Major Headlines of the day:
• Asia shares inch up with yuan, wary on Sino-US talks.
• The upcoming week will see a new entrant getting listed on the exchanges. Credit
Access Grameen will be listed on bourses after having a successful initial public offering (IPO) issue.
Trend in FII flows:- The FIIs were Net Value of Rs 147.31 cash segment while the DIIs were Net Value of 151.89 per the provisional figures.
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