Markets Open December Series On A Positive Note
Benchmark indices tracking gains on SGX Nifty open higher for yet another day. Nifty opens at 13009 while Sensex is up by 0.06% at 44285.
There is MSCI rejig that is to be made effective today and in light of that huge foreign fund flow will come into Indian stocks. Also, Nifty FMCG shall be in focus as commodity inflation is weighing as per Neilsen.
AU Small Finance shares rally over 2 percent after the small finance bank has made a strategic investment of Rs.7.7 crore in NPCI.
Tube Investment shares will also remain in spotlight and were trading higher by 3 percent after the company acquired stake in CG Power.
Also COx and Kings Shares took a hit by 4 percent after Peter Kerkar has been arrested by ED in money laundering case.
Meanwhile, Asian indices are trading weak with Hang Seng losing the most by 0.35 percent.
FIIs on November 26,2020 purchased a total of over Rs. 2000 crore in the Indian markets.
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