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Sensex and Nifty are Likely To Open Higher

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Asian shares looked set to hop on Tuesday as investors shrugged off U.S. election jitters and took hope in strong factory output data in China, Europe and therefore the us .


The domestic stock markets are likely to open within the green, extending the gains of the previous session, following positive cues from Asia and early Nifty SGX trading.


Asian shares looked set to hop on Tuesday as investors shrugged off U.S. election jitters and took hope in strong factory output data in China, Europe and therefore the us , although the dollar and gold firmed on political uncertainty.

Australia’s ASX 200 jumped 1.17 per cent in early trading, while Hong Kong’s Hang Seng index futures rose 0.28 per cent.

West Texas Intermediate ended $1.02, or 2.9 per cent, higher at $36.81 a barrel.

On the earnings front, Sun Pharmaceutical Industries, Adani Gas, Adani Ports, Dabur India and Dhanlaxmi Bank will announce their Q2 numbers during the day.

On Monday, the Sensex had ended 144 points or 0.36 per cent higher at 39,758 and Nifty had advanced 27 points or 0.23 per cent to shut at 11,669.

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