DSIJ Mindshare

Markets set to open on a positive note following strong global cues

Karan Dsij 0 1329 Article rating: 5.0

The optimism in the global markets and the encouraging macroeconomic data which were released post market yesterday will provide a perfect set-up for the bulls and makes us believe that the benchmark indices are all set to open in the positive terrain. The CPI inflation for the month of January 2019 came in sharply lower at 2.05 per cent and the IIP growth for December 2018 was subdued at 2.4 per cent, but it was better than the estimates  The SGX Nifty suggests that Nifty may open around 10,892, up by 30 points.

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