HomeNewsBusinessStocksExpect market to open on flat note: SMC Global

Expect market to open on flat note: SMC Global

According to SMC Global, market is likely to open flat, Asian share markets are off to a positive start despite political uncertainty kept the mood cautious thanks to upbeat economic data on global front.

February 20, 2017 / 09:09 IST
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SMC Global's Market Outlook:Outlook for the dayThe market is likely to open flat, Asian share markets are off to a positive start despite political uncertainty kept the mood cautious thanks to upbeat economic data on global front. US stock markets are shut for Presidents’ Day, Wall Street was mildly positive as stocks were lackluster before ending slightly higher to reach new record closing highs ending with all three major indexes making historic highs and the Dow Jones Industrial Average reaching a seventh straight record close. European politics kept investors skittish as the European markets were mixed as shadow of French and elections looms over Europe. Ambuja Cements, Varun Beverages and KSB Pumps to announce their results today. As per provisional figures, foreign institutional investors (FIIs)/Foreign Portfolio Investors (FPIs) bought shares worth net Rs 8043.14 crore on February 17, 2017. Domestic institutional investors sold shares worth Rs 5631.99 crore on that day. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Feb 20, 2017 09:09 am

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