Monday, September 5, 2016

MARKET OVERVIEW GLOBAL TRACKER : 06.09.2016

MARKET OVERVIEW GLOBAL TRACKER : 06.09.2016

NIFTY Fut               : BUY ZONE
BANKNIFTY FUT : BUY ZONE

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Asian markets are trading on a positive note this morning, helped by the prospect of delayed rate
hike from the US after weaker than expected non-farm payrolls data on Friday.

US dollar continued to trade on a weaker note but movement was muted with the US markets
remaining closed yesterday.

Rupee is set to open on a positive note after the long weekend, helped by the weaker US dollar
after Friday’s data and trade is likely to be biased towards further appreciation.