Markets set for a quiet opening

The Indian markets may see a quiet start tracking mixed global cues and on account of SGX Nifty trading 1 points lower.

Indian Indices:

The Indian equities may begin today’s day of the week on a flat note tracking mixed global cues. SGX Nifty is also trading 1.00 points lower.

On Tuesday (September 24, 2013) Sensex closed at 19,920.21, up by 19.25 points, while the Nifty rose by 2.70 points to close at 5,892.45.

Global Market

Asian shares slipped and the dollar inched higher in early Asian trade on Wednesday (September 25, 2013), as concerns about a possible US government shutdown and uncertainty about the US Federal Reserve’s policy outlook made investors hesitant to take aggressive positions.

US stock market roars to new highs, helped last week by the Federal Reserve, a risk is rising from another corner of Washington.

European shares crept up on Tuesday (September 24, 2013) as merger and acquisition activity in the telecoms sector outweighed downbeat US and German data and a drop in profits for cruise operator Carnival.

Major Headlines of the day

Siemens to train Sail personnel.

JSPL coal block in public court.

Hindustan Motors gears up for small car launch next fiscal.

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