Nifty may open in green on global cues

Categories: Daily Market Outlook
July 12, 2016Posted By Admin

The BSE Sensex and NSE Nifty are likely to open in green on Tuesday tracking SGX Nifty and firm global cues.

At 8.50 am (IST), SGX Nifty was up 29 points, or 0.34 per cent, at 8,517. Asian peers held firm around a 2-1/2-month peak, a day after US shares hit a record high thanks to a combination of upbeat US data and expectations of more stimulus around the world.

NIFTY SUPPORT : 8390

NIFTY RESISTANCE : 8544