Monday, 24 August 2015

See negative opening led by weak global cues: Angel Broking

According to Angel Broking, markets are expected to open negatively given the weak global cues.

Indian markets are expected to open negatively given the weak global cues.

The continued sell-off in US markets reflects the recent downward momentum for the markets, which came amid overarching concerns about developing economies and the outlook for U.S. interest rates. European markets ended Friday's session solidly in negative territory, capping the weakest trading week so far in 2015. Investor concerns over upcoming snap elections in Greece and the continued sell-off in the Chinese stock market dampened sentiment.

Indian markets ended in the red led by decline in the Real Estate, Auto and Capital Goods stocks.

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