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Sensex, Nifty may open in green following Asian cues

Yatheendradas C.k. at 08:38 AM - Aug 01, 2016 ( ) Views: 229

Pre-Markets: Sensex, Nifty may open in green following Asian cues; Dilip Buildcon IPO to hit markets today

Dilip Buildcon IPO will hit capital markets on Monday and the company has fixed a price band of Rs 214-219 per share.

By: FE Online | New Delhi | Updated: August 1, 2016 8:16 AM  The Financial Express

The BSE Sensex and NSE Nifty are likely to open in green on Monday tracking Nifty futures on the Singapore Stock Exchange and firm Asian cues.

At 8.02 am (IST), SGX Nifty was up 46 points, or 0.53 per cent, at 8,733.

Asian shares were trading marginally higher after disappointing US economic growth data reduced expectations of a rate hike by the US Federal Reserve in the next few months.

Benchmark BSE Sensex plunged 157 points to 28,051.86 on Friday on account of profit booking. NSE Nifty index settled 27.80 points down at 8638.50.

Dilip Buildcon IPO will hit capital markets on Monday and the company has fixed a price band of Rs
214-219 per share.

ICICI Bank on Friday posted a 22 per cent year-on-year fall in June quarter consolidated net profit at Rs 2,516 crore as the bank continued to grapple with non-performing assets.



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