Sensex, Nifty to open in green; Coffee Day Enterprises, Eveready, Equitas, PNB in focus
Episode 332, Sep 09, 2019, 02:39 AM
Indian shares are likely to open in the green on Monday, tracking gains in Asia, as investors pinned expectations on likely stimulus to support growth in the world’s major economies.
On Friday, the Sensex ended 337 points higher at 36,982, while the broader Nifty50 index added 98 points to end the day at 10,946.
Global markets advanced on China's new stimulus and after Friday’s soft US jobs report raised expectations for a Federal Reserve rate cut.
At 7:05 AM, the SGX Nifty Futures traded higher by 0.25 percent, or 27 points, at 10,986.50, indicating a positive start for the Sensex and the Nifty.
Stocks To Watch: Coffee Day Enterprises, Eveready, Equitas, PNB in focus