The BSE Sensex on Monday declined below 25,000-mark for the first time in the past 15 month. (Express Photo)
The BSE Sensex and NSE Nifty are likely to open in green on Tuesday tracking SGX Nifty and rest of Asian markets.
At 8.19 am (IST), SGX Nifty was up 49.50 points, or 0.65 per cent, at 7,610.50.
Asian stocks edged higher on Tuesday after a six-day losing streak and the dollar firmed against the safe-haven Japanese yen, but gains were muted ahead of Chinese data which could offer more clues on the health of its economy.
Hang Seng and Shanghai were up 0.66 per cent and 0.15 per cent at 20,719.92 and 3,085.05, respectively while Nikkei was down 0.76 per cent at 17,725.36.
Back home, the BSE Sensex on Monday declined below 25,000-mark for the first time in the past 15 month. The index closed 308.09 points down at 24,893.81. NSE Nifty slid 96.25 points down at 7,558.80.
Markets Today
According to Angel Broking, the trend deciding level for the day is 25,044 / 7,603 levels. If benchmark indices trade above this level during the first half-an-hour of trade then Sensex and Nifty may witness a further rally up to 25,237 – 25,580 / 7,661 – 7,762 levels. However, if Sensex and Nifty trades below 25,044 / 7,603 levels for the first half-an-hour of trade then it may correct towards 24,701 – 24,509 / 7,501 – 7,444 levels.
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