Indian Share Market Trading Advice by Markemagnify

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The S&P BSE Sensex traded higher by over 100 points in morning trade on Friday as the European Central Bank (ECB) extended stimulus but warned that it was running out of room to cut interest rates.The euro zone central bank on Thursday cut deposit rate by 10 basis points to -0.4 per cent from -0.3 per cent and increased its monthly asset purchases volume to 80 billion from 60 billion earlier.

Reliance Industries fell 2.9 percent, after gaining 3.5 percent over the past two sessions, amid expectations it would declare a dividend at a board meeting on Thursday.Rates will stay low, very low, for a long time and well past the horizon of our purchases.