Pfizer was due to secure formal board approval on Sunday
for its acquisition of Botox maker Allergan for more than USD 150 billion,
making it the healthcare sector's largest deal ever, according to people
familiar with the matter.
The market has opened flat as the Sensex is up 17.51 points at 25886. The Nifty is up 14.60 points at 7871.15. About 456 shares have advanced, 119 shares declined, and 50 shares are unchanged.
Asian markets opened in green, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on the trajectory of US monetary policy.
Dr Reddy's Labs, ICICI Bank, Bajaj Auto, NTPC and TCS are top gainers while Tata Motors, Vedanta, Infosys, Maruti and Hindalco are losers.
The Federal Reserve now looks set to raise rates in December, partially based on expectation that inflation is set to finally rise to its 2 percent target. There's only one potential problem.
The Indian stock market is likely to see some wild swings in the coming week due to expiry near month derivitives contracts.
The week will be a truncated one due to a holiday on Wednesday (November 25) for Gurunanak Jayanti.
Investors will be tracking some macroeconomic data for direction. Movements in global markets and the rupee's performance against the U.S. dollar will also set the trend for the market.
Asian shares looked set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic growth.
The market has opened flat as the Sensex is up 17.51 points at 25886. The Nifty is up 14.60 points at 7871.15. About 456 shares have advanced, 119 shares declined, and 50 shares are unchanged.
Asian markets opened in green, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on the trajectory of US monetary policy.
Dr Reddy's Labs, ICICI Bank, Bajaj Auto, NTPC and TCS are top gainers while Tata Motors, Vedanta, Infosys, Maruti and Hindalco are losers.
The Federal Reserve now looks set to raise rates in December, partially based on expectation that inflation is set to finally rise to its 2 percent target. There's only one potential problem.
The Indian stock market is likely to see some wild swings in the coming week due to expiry near month derivitives contracts.
The week will be a truncated one due to a holiday on Wednesday (November 25) for Gurunanak Jayanti.
Investors will be tracking some macroeconomic data for direction. Movements in global markets and the rupee's performance against the U.S. dollar will also set the trend for the market.
Asian shares looked set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic growth.
Asian markets opened in green on Monday, following a rally on Wall
Street last week as investors continue to look out for comments from central
bankers on the trajectory of US monetary policy.
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The Indian rupee has opened with a marginal gain of 3
paise at 66.15 per dollar on Monday versus 66.18 Friday but it could not
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trading tips on Equity and Commodity Market. For More Info visit at www.capitalheight.com/about.php or please call at +91 9993066624, 0731 - 6615050.
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