Indian benchmark indices got off to a disappointing start after the news flashed of U.S. missile strikes against Syria, and in the late afternoon session sudden bouts of selling emerged, and market concluded the week on a frightening note. To end, the NSE’s 50-share broadly followed index – Nifty plunged by over half a per cent to settle below the crucial 9,200 support level, while Bombay Stock Exchange’s Sensitive Index – Sensex took a triple digit cut and closed tad above the psychological 29,700 mark.Most of the European markets ended Friday’s session with modest gains. The DAX of Germany dropped 0.05 per cent, but the CAC 40 of France rose 0.27 per cent. The FTSE 100 of the U.K. gained 0.63 per cent.The U.S. stocks closed with marginal losses on Friday, on the back of weaker than expected U.S. employment report and the U.S. carrying out a military strike against Syria. The Dow Jones Industrial Average lost 7 points to end at 20,656. The S&P 500 lost 2 points to end at 2,356; and the Nasdaq Composite Index shed 1 point to finish at 5,878.Asian markets are trading mixed. Japan’s Nikkei 225 moved up 135 points. Hong Kong’s Hang Seng surged 8 points and the Shanghai Composite is trading with losses of 9 points.At 8:01 am, SGX Nifty Index was trading flat at 9219, indicating a subdued start for Indian equities.
Markets may open flat in the wake of subdued global cues
by SGX Nifty · April 10, 2017
You may also like...
20 Dec, 2016
Indian market on December 19 commenced the fresh week on a dismal note as the benchmark indices prolonged with the...
Markets may open slightly positive as global cues lack fervour, and will gain direction from results’ outcome
10 Jan, 2017
The Indian equity markets commenced the week on a lazy note as the frontline indices showcased a subdued performance on...
12 May, 2017
Indian benchmark on Thursday got off to a scintillating start; thereafter the benchmark indices traded in a narrow range, however,...
- Next story India : Post Market Data – 10-Apr-2017
- Previous story India : Post Market Data – 07-Apr-2017
Reduce your brokerage by 90%
Lowest Rates from Best Brokers
Special offer only for SgxNifty.org
Also a subscription confirmation mail has been sent to you.
If you don’t receive it in 5 minutes, then check your spam folder.
Thank you for subscribing!