Market to open on flat
note:
SMC GlobalMarket is likely to open flat as Asian shares stalled after US Federal
Reserve minutes showed officials were confident they would not have to
rush to tighten interest rates, says SMC Global.
, SMC Global |
SMC Global’s Market Outlook:
Outlook for the day
The market is likely to open flat as Asian shares stalled after US
Federal Reserve minutes showed officials were confident they would not
have to rush to tighten interest rates.
Meanwhile, the Indian markets may see volatile moves in trades today as
the derivatives contract for the month of February expire today. The
European markets were up and the US shares were mixed with Wall Street
showing a lack of direction ending little changed.
The lackluster close
followed the release of the minutes of the Federal Reserve's latest
monetary policy meeting. Mahindra CIE Automotive and Rain Industries to
announce their results today.
As per provisional figures, foreign institutional investors
(FIIs)/Foreign Portfolio Investors (FPIs) sold shares worth net Rs
259.21 crore on February 22, 2017. Domestic institutional investors
bought shares worth Rs 917.97 crore on that day.The views and investment tips expressed by investment
experts on are their own, and not that of the website
or its management advises users to check with
certified experts before taking any investment decisions.
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