(Earlier SGX Nifty) signals a gap-up start
GIFT Nifty on the NSE IX traded higher by 201.50 points, or 0.81 per cent, at 25,179.50, signaling that Dalal Street was headed for gap-up start on Tuesday.Wall Street rallied on Monday as prospects of the U.S. Federal Reserve cutting interest rates as early as July offset uncertainty about escalating turmoil in the Middle East.Oil slumped and stocks rallied after President Donald Trump announced Israel and Iran had agreed to a ceasefire, spurring optimism the worst of the Middle East conflict is over.Oil prices tumbled on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, relieving worries of supply disruption in the area.
Gold hit a near two-week low on Tuesday after U.S. President Donald Trump announced that Iran and Israel had agreed to a ceasefire to end their 12-day conflict, reducing safe-haven demand for the metal.
The dollar fell on Tuesday while the Australian and New Zealand dollars rose after U.S. President Donald Trump announced a ceasefire between Israel and Iran, in news that sent investors cheering and sparked a risk rally across markets.
RBL BankBioconSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
Foreign portfolio investors net sold shares worth Rs 1,874 crore on Friday. DIIs, meanwhile, were net bought at Rs 5,592 crore.
The rupee plunged 23 paise to close at a five-month low of 86.78 against the US dollar on Monday amid a strengthening greenback and volatile crude oil prices following the US strike on Iran's nuclear facilities.
The position of FIIs in the futures market reduced from a net short of Rs 96962 crore on Thursday to Rs 96,368 crore on Friday.
