Indian Stock Market Tips|Sensex, Nifty may open higher on positive cues|SBI, Sun Pharma, Lupin in focus
Share market LIVE updates: Earlier, the SGX Nifty was trading at levels around 10, 830, about 41.50 points higher indicating a positive start for the domestic markets.
Share market LIVE updates: The domestic stock markets are likely to open higher, tracking positive global and domestic cues, after the appointment of the new RBI governor and uncertainty surrounding state election outcome recedes. Earlier, the SGX Nifty was trading at levels around 10, 830, about 41.50 points higher indicating a positive start for the domestic markets. Dow rose more than 150 points on trade-deal hopes but closes well off session highs in yesterday’s session. Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet U.S. demands to open its markets, Reuters reported.
Back home, shares of state-run lender SBI will assume focus, after global rating firm Morgan Stanley raised its target share price to Rs 375 per share and expecting a profit of Rs 35,000 crore in FY21. Drug maker Sun Pharma shares will be in focus after Taro got tentative USFDA nod for an-leprosy drug Dapsone. We bring to you live updates from today’s session.
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