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    HomeNewsBusinessMarketsMarkets likely to open flat; BoJ meet ahead

    Markets likely to open flat; BoJ meet ahead

    Indian benchmark indices are likely to open flat on mixed cues from Asian peers. The SGX Nifty was down about 7 points at 8124 at the time of writing the story.

    December 20, 2016 / 09:15 IST

    Moneycontrol BureauIndian benchmark indices are likely to open flat on mixed cues from Asian peers. The SGX Nifty was down about 7 points at 8124 at the time of writing the story.Asian shares traded mixed on Tuesday as investors await the Bank of Japan's monetary policy decision.

    Down under, the ASX 200 was up 0.66 percent, with broad gains across all sub-indexes except for the energy sub-index which fell 0.83 percent.

    Earlier, minutes from the Reserve Bank of Australia's (RBA) December policy meeting showed that it was cautiously optimistic of the economy, despite recent softer data, and was trying to balance the benefits of lower interest rates against the risk of higher household debt.The Nasdaq 100 hit a fresh all-time intraday high, while the three major indexes closed within 0.75 percent of their record highs. The major averages ended off session highs.The pan-European Euro Stoxx 600 ended 0.12 percent down with sectors mixed. Markets entered the usually quiet week for volumes ahead of the holiday season. Basic resources were among the worst performers on news that Chinese authorities are foreseeing a lower growth rate in 2017.
    first published: Dec 20, 2016 08:00 am

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