A good time for all traders who trade in nifty futures, today the NSE futures closed at 5,674.00 up by 128.20 points or 2.31 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5700 above this level it would be in a bullish trend else below 5475 it might face more selling pressure.
Asian stocks rose, set for the biggest weekly gain since November, as construction firms gained on optimism for orders when Japan rebuilds after its worst earthquake, and amid signs the US economy is strengthening.
Komatsu gained more than 4.5% in Tokyo. Comsys Holdings jumped almost 6.5%. Hynix Semiconductor advanced almost 3% in Seoul after US unemployment claims dropped. Bank of China gained more than 2.5% in Hong Kong after earnings beat estimates.
Japanese benchmark index Nikkei rose 101.12 points or 1.07% to close at 9,536.13. Hong Kong`s Hang Seng index advanced 243.39 points, or 1.06% to close at 23,158.70. China`s Shanghai Composite went up 31.11 points, or 1.06% to close at 2,977.81.
Taiwan`s Taiex index climbed 33.99 points, or 0.40% to end at 8,610.39. South Korea`s Kospi index increased 17.26 points, or 0.85% to close at 2,054.04. Singapore`s Straits Times index gained 27.81 points, or 0.91% to close at 3,070.84.
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