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29 April, 2017 19:02 IST
Markets likely to open with flat to positive bias: Angel Broking
Source: IRIS | 17 Mar, 2017, 08.44AM
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Indian markets are likely to open with a flat to positive bias tracking the SGX Nifty, said Angel Broking in its report.

US stocks closed flat as investors booked profits after yesterday's rally. A report from the Labor Department stated that first-time claims for unemployment benefits saw a modest decrease in the week ending March 11th. Initial jobless claims edged down to 241,000, against expectations of 240,000. Biotechnology stocks traded weakly and NYSE Arca Biotechnology Index down by 1.3 percent. The Dow Jones Utilities Average fell by 1.3 percent giving up most of its gains from the previous session.

UK stocks closed positive as investors cheered the result of the Dutch election. The result is viewed as a rejection of populism and litmus test of the direction of French and German voters. Mining stocks rallied strongly on higher commodity prices and a weaker dollar. Vedanta Resources jumped 8.33 percent on news that promoter Anil Agarwal will invest USD 2.44 billion for a 13% stake in Anglo American.

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Expert Speak
Sell USD/INR May futures in 64.40-64.45 range: ICICIdirect - 28-Apr-2017 09:04
Markets likely to open on flattish note: ICICIdirect - 28-Apr-2017 08:59
Markets likely to open flat: Angel Broking - 28-Apr-2017 08:55
Sell USD/INR May futures in 64.20-64.25 range: ICICIdirect - 27-Apr-2017 09:05
Markets likely to open on flattish note: ICICIdirect - 27-Apr-2017 08:57
Markets likely to open negative: Angel Broking - 27-Apr-2017 08:54
Sell USD/INR May futures in 64.60-64.70 range: ICICIdirect - 26-Apr-2017 09:05
Markets likely to open on positive note: ICICIdirect - 26-Apr-2017 09:02
Markets likely to open with positive: Angel Broking - 26-Apr-2017 08:46
Sell USD/INR April futures in 64.60-64.70 range: ICICIdirect - 25-Apr-2017 09:05
Markets likely to open on positive note: ICICIdirect - 25-Apr-2017 08:52
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