@AlliesFin
Nifty expected to open higher, watch 9299 for further move for Nifty towards 9405 to 9450.
US markets rallied on Thursday on the back of optimism of re-opening of economy. Nasdaq briefly crossed 9000 for the first time in many weeks before settling just below 9000 taking Nasdaq into positive zone for the year.
US stocks rallied shrugging off the worst ever jobless claims and US-China trade tensions. As per sources US-China may be speaking on the first phase of trade deal despite of China not co-operating on Covid-19 details. The news took US futures higher.
Crude futures remained volatile in a tight range before settling near flat zone.
US dollar index again fell below 100 to close near 99.7 level on risk on trade.
Vista equity partner to pick up 2.3% in Reliance Jio for 11367 cr. The price implies 12.5% premium over Facebook deal.
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