Today's Bank nifty futures tips : Japan's Nikkei share avg fell down during morning, reaching a 1-1/2 weeks low, on lack lustre China economic surveys & weak U.S(United States) stocks, while investors traded on individual company earnings news. The Nikkei slided by 1.7 per-cent to 18,759.77 in mid-morning trade after rolling to 18,735.60, the lowest level since Oct. 22. The Nikkei went high the last 3 sessions last week.An official survey released over the weekend showed that activity in China's manufacturing sector unpredictably contracted in Oct for a 3rd straight month, fuelling fears the economy may still be losing momentum in the 4rth Q(quarter) despite a raft of stimulus measures.
On Monday, a private survey displayed that China's factory activity fell for an 8th straight month in October but at a slower pace as export orders revived. Wall Street on Friday last week was striked by downbeat corporate earnings, which dragged down Nikkei futures trade in today morning before the cash market unlocked.
Read More : Bank nifty futures tips
No comments:
Post a Comment