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Arq - The Hyper Intelligent Investment Engine By Angel Broking

Market Outlook - 10th Feb 2017

Published on Feb 10th 2017


Indian markets are likely to start off on a positive note today tracking SGX nifty and global cues. Wall Streets three main indexes surged to fresh record highs on Thursday after President Donald Trump said he would make a major tax announcement in a few weeks. The Dow Jones Industrial Average rose 0.59 percent to 20172 the SP 500 gained 0.58 percent to 2308 and the Nasdaq Composite added 0.58 percent to 5715. U.K. markets marched higher on Thursday with a gain for oil major BP PLC helping the market close at a threeweek high. The FTSE 100 rose 0.6% to close at 7230 rising for a third straight session. Indian benchmark indices settled the day marginally higher as banking stocks fell after the Reserve Bank of India (RBI) kept its policy rates on hold and said it would shift its stance from accommodative to neutral signaling an end to any further rate cuts. The SP BSE Sensex settled inched up 40 points to close at 28329 while the broader Nifty50 quoted 8778 up 9 poi

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