Markets likely to open flat on muted global cues

The Indian markets are expected to start the trading on a flat note led by muted global cues. SGX Nifty is trading 24.50 points higher.

Indian Indices:

The Indian equities are set to begin today’s trading session on a flat note tracking muted global cues. SGX Nifty is trading 24.50 points higher.

On Tuesday (October 01, 2013) Sensex closed at 19,517.15, up by 137.38 points, while the Nifty rose by 44.75 points to close at 5,780.05.

Global Market

Japan’s Nikkei stock average was mostly flat on Thursday morning (October 03, 2013), struggling to gain momentum as investors fretted about the US government shutdown and agenda for raising the debt ceiling. Adding to the worries, a report showed that US private employers had added fewer jobs than expected in September. Investors were looking to this data for.

US stocks closed lower on Wednesday (October 02, 2012) as the partial government shutdown entered its second day and a private-sector jobs report showed weaker-than-expected growth.

European markets dropped on Wednesday (October 02, 2013) as a US government shutdown continued to rattle investors, although Italian shares rose after Prime Minister Enrico Letta survived a confidence vote.

Major Headlines of the day

Infosys indicates to set foot in Punjab.

Ashok Leyland sales down 32% in September.

Bajaj Auto bike sales up 3% in September.

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