Umang Papneja of IIFL Wealth gives his views on market behaviour and how he sees things pan out over the next few weeks. He spoke to Ajaya Sharma of ETNow on the sidelines of the Cafemutual Confluence 2018 in Mumbai.
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Umang Papneja of IIFL Wealth gives his views on market behaviour and how he sees things pan out over the next few weeks. He spoke to Ajaya Sharma of ETNow on the sidelines of the Cafemutual Confluence 2018 in Mumbai.
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Led by gains in banking stocks and index heavyweight RIL, domestic markets kicked off Tuesday's trading session on a positive note. Fresh fears over US recession that plagued Asian peers didn't dampen the sentiment back home but still remains an overhang. At around 9.35 am, BSE benchmark Sensex was trading 102 points or 0.27 per cent higher at 37,911 while its NSE counterpart Nifty eyed the 11,400-mark. The 50-pack index was trading 38 points or 0.33 per cent higher at 11,392.
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