Moneycontrol
Nov 10, 2017 08:21 AM IST | Source: Moneycontrol.com

Global picture turns murky

Overnight as US market has a fall because of what has been happening politically and Trump’s Tax reforms getting a bit of a jolt and I think when the mother market sneezes others catch cold and that is what has happened with other markets as well.

You know what the sense I got yesterday was that the market sort of made a bottom at 10,300, but that was with a caveat that global picture should not turn too murky and that is exactly what has happened this morning.

Overnight as US market has a fall because of what has been happening politically and Trump’s Tax reforms getting a bit of a jolt and I think when the mother market sneezes others catch cold and that is what has happened with other markets as well. So, this morning we should open below the weekly low.
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