Indian markets are expected to open weak tracking the SGX Nifty and negative
global cues.
U.S. markets moved sharply lower over the course of the trading day on Thursday
more than offsetting the strength seen in the previous session. The selloff on Wall
Street was mainly due to concerns the outlook for global economic growth which
came amid a jump in the value of the Japanese yen versus the U.S. dollar.
European stock markets slid in Thursdays trade with initial optimism over rising oil
prices overshadowed by concerns about global growth.
Indian markets fell sharply on Thursday tracking mixed cues from Asia and Europe
as oil surrendered initial gains.
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