Indian stocks to witness subdued start ahead of F&O expiry

The Indian stock markets are expected to open on a subdued note as the global cues look mixed. SGX Nifty is trading 16.00 points lower.

Events for the day:

F&O Expiry for the month of September

Headlines for the day:

Shriram EPC gets Rs389 crore order

JSPL to set a pellet plant in Odhisa with Rs1400 cr investment

TRAI recommends ‘One nation, one number’ in six months

Tata Power generates over 4,682 MUs of electricity in FY13

Indian Indices:

Indian stock markets are likely to be highly volatile ahead of today’s F&O expiry. Banks will continue to remain in focus.

On Wednesday (September 25, 2013), the S&P BSE Sensex ended down by 63.97 points to close at 19,856.24 and the NSE Nifty fell by 18.60 points to end at 5873.85.

Global Indices:

Asian share markets were left in limbo on Thursday as a paucity of major economic news left investors with little choice but to sweat out the latest battle over the U.S. budget.

U.S. stocks fell on Wednesday and the S&P 500 put in a fifth day of losses, its longest losing streak since the end of 2012, on jitters funding for the federal government would run out and after a drop in shares of Wal-Mart Stores.

European shares ended little changed on Wednesday as selloffs in German lenders Deutsche Bank and Commerzbank, hit by concerns about their balance sheets, were offset by a bounce in Spanish peers Santander and BBVA.

SGX Nifty

sgxnifty.org@imediaone.com

You may also like...

Rules of Discussion on Indian stocks to witness subdued start ahead of F&O expiry

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. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean