The Indian stock markets are expected to open on a flat to negative note as the global charts look weak. SGX Nifty is trading 9 points higher.
Events for the day:
Index for Industrial Production YoY
CPI YoY data to be released
Headlines for the day:
RCom extends 3G footprint through roaming pacts
SBI partners with Ezetap Mobile to launch mPOS solution
VE Commercial Vehicles to launch dozens of new vehicles under PRO Series
Indian Indices:
The Indian stock markets are expected to open on a flat to negative note as the global charts look weak. SGX Nifty is trading 9 points higher.
On Wednesday (June 11, 2014), the S&P BSE Sensex closed at 25473.89, down by 109.80 points, while the Nifty fell 29.55 points to close at 7626.85
Indian shares snapped a four-day winning streak after hitting all-time highs for the fourth session on Wednesday on profit-taking after recent outperformance in infrastructure and capital goods stocks. The BSE Sensex lost 0.43% and NSE Nifty fell 0.39% for the day.
Global Indices:
Asian shares slipped on Thursday after Wall Street shares stepped back from record levels while civil war in Iraq supported oil prices.
European equity markets retreated from multi-year highs on Wednesday as a profit warning from German airline Lufthansa hit travel stocks.
U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank’s reduction of its global growth forecast.
Loading ...