 "Markets to open higher as Brexit impact wanes")
Markets are likely to open higher tracking gains in their Asian peers and strong rally on Wall Street in overnight trades after the near term impact of Brexit eased.
At 8:30am, the early indicator SGX Nifty was trading 27 points higher at 8,158.
Foreign institutional investors were net sellers in equities worth Rs 190 crore.
Asian markets rallied on Wednesday tracking robust gains in overnight trades on Wall Street as investors turned to equities after the near term impact of Brexit began to subside. Shares in Japan gained the most with the benchmark Nikkei up 1.4% and Singapore's Straits Times was up nearly 0.9%. China's Shanghai Composite was trading with marginal gains up 0.5% while Hang Seng was up 0.6%.
US stocks surged in overnight trades to end higher on bargain hunting at lower levels after sharp losses in the previous two sessions post the shocking outcome of the referendum in which Britain voted to exit the European Union. The Dow Jones industrial average ended up 1.6% at 17,410 and the S&P 500 ended up 1.8% at 2,036 while the Nasdaq surged 2.1% to settle at 4,692.
STOCKS IN FOCUS
DLF is likely to pressure after reports that US-based fund house Janus Capital has sold its entire stake in the company.
Bosch's Board of Directors will meet on July 01, 2016, to consider a proposal for Buyback of the Company's equity shares.
Shareholders of Strides Shasun have approved divestment of Shasun Pharma Solutions Ltd, UK via postal ballot
Realty company Sobha is set to launch Sobha City - its First Luxury Apartment Project in Delhi-NCR.
GE Shipping said that it has bought back and extinguished 100 Secured and 550 Unsecured Debentures of Rs. 10,00,000 each, aggregating to Rs. 65 crore.
The board of directors of Kesar Terminals & Infrastructure will meet on July 01, 2016, inter alia, to consider Sub-Division of Equity Shares of the Company.
Banking major SBI plans to divest its sell non-core investments of around Rs 3,000 crore to shore up its capital, according to media reports.
Thomas Cook will be in focus after its subsidiary Quess Corp IPO opens for subscription today.
At 8:30am, the early indicator SGX Nifty was trading 27 points higher at 8,158.
Foreign institutional investors were net sellers in equities worth Rs 190 crore.
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GLOBAL MARKETS
Asian markets rallied on Wednesday tracking robust gains in overnight trades on Wall Street as investors turned to equities after the near term impact of Brexit began to subside. Shares in Japan gained the most with the benchmark Nikkei up 1.4% and Singapore's Straits Times was up nearly 0.9%. China's Shanghai Composite was trading with marginal gains up 0.5% while Hang Seng was up 0.6%.
US stocks surged in overnight trades to end higher on bargain hunting at lower levels after sharp losses in the previous two sessions post the shocking outcome of the referendum in which Britain voted to exit the European Union. The Dow Jones industrial average ended up 1.6% at 17,410 and the S&P 500 ended up 1.8% at 2,036 while the Nasdaq surged 2.1% to settle at 4,692.
STOCKS IN FOCUS
DLF is likely to pressure after reports that US-based fund house Janus Capital has sold its entire stake in the company.
Bosch's Board of Directors will meet on July 01, 2016, to consider a proposal for Buyback of the Company's equity shares.
Shareholders of Strides Shasun have approved divestment of Shasun Pharma Solutions Ltd, UK via postal ballot
Realty company Sobha is set to launch Sobha City - its First Luxury Apartment Project in Delhi-NCR.
GE Shipping said that it has bought back and extinguished 100 Secured and 550 Unsecured Debentures of Rs. 10,00,000 each, aggregating to Rs. 65 crore.
The board of directors of Kesar Terminals & Infrastructure will meet on July 01, 2016, inter alia, to consider Sub-Division of Equity Shares of the Company.
Banking major SBI plans to divest its sell non-core investments of around Rs 3,000 crore to shore up its capital, according to media reports.
Thomas Cook will be in focus after its subsidiary Quess Corp IPO opens for subscription today.