Bears to shut morning alarm for Dalal Street

Indian shares are likely to open on a negative note, tracking weak global markets. SGX Nifty is trading 25 points lower.

Headlines for the day:

Shareholders approve Essar Oil delisting

Airtel partners with BGFIBank for mobile money services in Africa

State Bank of Patiala Q1 net up 15.50 pc at Rs135.60 cr

Indian Indices:

Indian shares are likely to open on a negative note, tracking weak global markets. SGX Nifty is trading 25 points lower.

Indian shares fell over 1% on Wednesday, snapping two days of gains, as lenders slumped on worries that a sell-off in government bonds would hit the value of their debt holdings.

On Wednesday (August 06, 2014), the S&P BSE Se nsex closed at 25665.27, down by 242.74 points, while the Nifty fell 74.50 points to close at 7672.05

Global Indices:

Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher.

Major U.S. stock indexes ended little changed on Wednesday, as tensions in Ukraine and Russia and a failed merger between Sprint and T-Mobile offset gains in consumer staples shares.

A ratcheting up of tensions in Ukraine and concerns about the strength of Europe’s economic recovery knocked European shares back onto a downward path on Wednesday.

SGX Nifty

sgxnifty.org@imediaone.com

You may also like...

Rules of Discussion on Bears to shut morning alarm for Dalal Street

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