Indian markets are likely to open Positive on note tracking SGX Nifty and global
indices.
The Nasdaq and the SP 500 finished higher Monday as a pair embattled sectors
technology and energy drew bidders while the Dow industrials closed fractionally
lower. All the conversation right now are about earnings and Fed Chair yellens
semiannual testimony before the house of Financial services committee on
Wednesday and before the senate banking committee on Thursday.
The Dow edged down less than a tenth of a percent to 21409 but the Nasdaq
climbed 0.4 percent to 6176 and the SP 500 inched up 0.1 percent to 2427.
U.K. stocks finished with gains Monday as Schroders PLC and BAE Systems PLC
outperformed among blue chips. The FTSE 100 index UKX rose 0.3% to end at
7370. building on last week’s gain of 0.5%.
On domestic front initially trading was disrupted at NSE for about three hours due
to technical glitch. Indian shares rose sharply to close at fresh record highs on
Mo
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