Markets to open lower on weak Asian cues

Indian markets may open on a negative note tracking negative Asian cues. SGX Nifty is also trading 42.50 points lower.

Events for today

Results: Crompton Greaves, Bosch and Tata Power to announce their quarterly results

Castrol, MRF, Amara Raja Batteries, Cipla and TV Today to quote Final Dividend

Indian Indices:

Indian markets may open on a negative note tracking weak Asian cues. SGX Nifty is also trading 42.50 points lower.

On Monday (August 05, 2013) S&P BSE Sensex wrapped trade at 19182.26, up by 18.24 points while the NSE Nifty rose 7.50 points to settle at 5685.40.

Global Market

Asian markets decline as japanese stocks continued to be weighed down by a strong yen on Tuesday (August 06, 2013), while shares in Sydney were slightly lower before the Reserve Bank of Australia’s policy meeting.

Europe’s benchmark stock index extended gains into a sixth straight session on Monday (August 05, 2013) after a raft of upbeat global business-activity figures, although the encouraging data further fueled fears of a reduction in central-bank easing.

US stock market slipped on Monday, with benchmark index pulling away from record highs, as Wall Street considered a report indicating better-than-expected growth in the service sector and a Fed official’s remarks that the central bank is closer to curbing its asset purchases.

Major Headlines of the day

Unitech group’s UCP gets bids up to Rs2,700 cr for Gurgaon SEZ

TCS hires 174 from US campuses

JSPL to commission 2.5 MT furnace on Wednesday at Angul plant

SGX Nifty

sgxnifty.org@imediaone.com

You may also like...

Rules of Discussion on Markets to open lower on weak Asian cues

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Self-promotion once a week is allowed. Too much promotion or using Contact info in ID will lead to account ban.