Updated on 9 Mar 2018

Todays Nifty and Sensex Direction

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Free tips for Intraday Trading

Softening of US stance on steel and aluminum tariffs recedes fears of a trade war, which pushed most Asian markets higher this morning. The development is expected to send positive signals to Indian Markets as well.

Singapore trading sets stage for positive start
At 8.45 am, Nifty futures on the Singapore Stock Exchange were trading 40 points higher at 10,278 indicating a positive start for the Nifty50 on Dalal Street.

USA Markets closed positive
The Dow Jones Industrial Average index gained 93.85 points, or 0.38 per cent, to settle at 24,895.21. The S&P500 index gained 12.17 points, or 0.45 per cent, to 2,738.97. The Nasdaq Composite index rose 31.30 points, or 0.42 percent, to 7,427.95.
L&T Finance launches Rs 850 cr QIP
L&T Finance Holdings is raising up to ?850 crore in a share sale to institutional investors, with the non-banking finance arm of India’s biggest construction company taking advantage of the market buoyancy to strengthen its capital base and bankroll expansion.

RCom: The Bombay High Court dismissed a plea by Reliance Communications challenging an arbitration tribunal’s order that restrained the sale or transfer of the telco’s assets, hampering the struggling operator’s plan to pare debt.

IDBI Bank: In what could affect the already cash-strapped corporates, state-run lender IDBI Bank has withdrawn and reduced sanctioned credit limits to many Indian companies without stating the reasons behind this action.