MORNING MAIL

Market Live: – Nifty50 seen opening flat.

The Nifty50 is expected to open flat on November 7, following a muted trend seen in other Asian markets reports of delays in sealing a preliminary Sino-US trade deal dampened the sentiment.Trends on SGX Nifty indicate a flat opening for the index in India, with a gain of 3 points. The Nifty futures were trading around 12,010-level on the Singaporean Exchange. Let look at the final tally on D-Street  the S&P BSE Sensex rose 221 points to a record closing high of 40,469 while the Nifty50 ended 48 points higher at record closing high of 11,966 on Wednesday.

Global Market:

Asian Markets: – Asian markets are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 0.05% while the Hang Seng is down 0.40%. The Nikkei 225 is not trading.

US Markets:- North and South American markets finished mixed as of the most recent closing prices. The IPC gained 0.47% and the S&P 500 rose 0.07%. The Bovespa lost 0.33%.

European Markets: – European markets finished higher today with shares in France leading the region. The CAC 40 is up 0.34% while Germany’s DAX is up 0.24% and London’s FTSE 100 is up 0.12%.

Major Headlines of the day: –

Rupee stands at 71.08per dollar.

Oil unchanged after overnight losses amid caution over trade talks Brent crude futures were flat at $61.74 a barrel by 0158 GMT. Prices fell $1.22, or almost 2% on Wednesday.

Futures Trade | An ascending triangle breakout trade in Adani Power Adani Power broke out of an ascending triangle pattern on huge volume suggesting higher prices going ahead.

Trend in FII flows: – The FIIs were Net Value of Rs 1011.49segment while the DIIs were Net Value of the-1117.25 provisional figures.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

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