BSE Sensex and NSE’s Nifty set to trade higher. Photo: HT
- Mumbai: BSE Sensex and NSE’s Nifty 50 are likely open higher on Monday following positive cues from global markets. Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from dangerous lows. SGX Nifty Futures trades over 40 points higher, indicating a positive start for Sensex and Nifty 50. Moreover, FIIs purchased shares worth Rs 147.31 crore on net basis on Friday and DIIs bought Rs 151.89 crore of shares, provisional data showed. RBi data showed that India’s forex reserves declined by $248.20 million to $405.81 billion in the week to 6 July, despite a rise in foreign currency assets. Here are the latest updates from the markets: