Indian markets are likely to open higher on Tuesday, 28th October 2023 2023

We will share news with you about the market before the opening. Everyone is trying to know this and we are here with some points to tell you. Read the entire article for better information. Well, don’t leave the article midway. Let’s consider some points.

Indian markets are likely to open higher on Tuesday

U.S. stocks fell on Monday, as investors took a break from Thanksgiving as the holiday shopping season kicks into high gear and retailers lure deal hunters with Monday deals Electronic. You will know everything about Cyber ​​Monday. This is the day when retailers offer good discounts to enhance sales.

Asian stocks are the main focus at this time. It edged higher on Tuesday but on the other hand, the dollar is at a three-month low and investors remain confident in the Federal Reserve, which it has done with a cycle of interest rate hikes. . MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.39% higher and posted a gain of nearly 7% in November, its strongest monthly performance since January.

Indian stock market is not open Yesterday, November 27, an account of Guru Nanak Jayanti. On the other hand, on Friday, November 24, domestic benchmark stock indices Sensex and Nifty 50 completed Flat weighed down by the information technology slide.

Gift NIfty was trading at 8:20 am, 21 points or 0.11% higher at 9,877, indicating a positive start for the Indian market.

S&P Global Ratings said the Indian economy in FY24 will grow faster than previously expected before reaching a slower-than-expected pace in the next fiscal year. However, it lowered its growth forecast for fiscal 2005 to 6.4% from 6.9% previously.

Oil prices rose on Tuesday, ending a multi-session losing streak ahead of key OPEC+ talks, which are expected to deepen and extend oil output cuts amid tight supply. higher than demand.

Gold prices hit a more than six-month high on Monday, firming above $2,000 an ounce, as a weaker dollar and expectations of an end to U.S. welfare rate hikes buoyed the market.

Currency markets were not open yesterday. On November 27, for Gurunanak Jayanti.

Foreign institutional investors were net buyers of shares worth ₹ 2,625.21 crore, while domestic corporate investors bought shares worth ₹ 134.46 crore and it was purchased on the 24th November.

People are constantly talking about this news and looking for what the real problem is. They asked some questions related to this news. Before the Market opens, 9 important things to know as of 9 a.m. on November 28, 2023. We have tried our best to inform you about the news we have gathered from other sources to make this article for readers. If we have more details, we will notify you in advance at the exact website. Please follow us for more updates.

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