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Stock Market Commentary - TradeBizz Research

Sensex, on Tuesday, stopped up 287 points positive at 29,943. Among sectors, Oil & Gas, Realty and FMCG gained over 1.2% to 1.7% every one. Among stocks, Bharti Airtel, Axis Bank and M&M gained larger than 3.2% to 3.4% each. Stock Market wideness was positive with 1477 advances in opposition to 1446 declines.

Nifty closed 89 points positive at9,307. Today, we expect markets to open on a positive note on the back of positive worldwide cues.

US Markets closed on a positive note. Dow closed 1.1% positive while Nasdaq closed 0.7% higher. U.S. stocks climbed, following a worldwide equity rally on Monday, as investors assessed business earnings and a waited a tax plan from the White House planned today. US markets, today, will see data releases on Crude Oil Inventories.

Asian markets are trading on a up note; Nikkei is trading 0.8% positive and Hang Seng is trading 0.7% up. SGX Nifty is trading 19 points upper  at 9,314. Indian ADRs finished the day on a mixed note. Among financial ADRs, ICICI Bank closed 1.9% advanced, while HDFC Bank stopped up 0.6% higher. Among IT ADRs, Wipro lost0.9% and Infosys closed 0.8% upper. Tata Motors ADR gained 1.4%.

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