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Last Updated : Sep 07, 2015 08:56 AM IST | Source:

Expect market to open on negative note: Angel Broking

According to Angel Broking, markets are expected to open on negative tracking the SGX Nifty and global cues.

Angel Broking’s market report:

Indian markets are expected to open on negative tracking the SGX Nifty and global cues.

US markets moved lower during trading on Friday following the release of the closely watched monthly employment report. The Dow dropped 272.38 points or 1.7 percent to 16,102.38, the Nasdaq slid 49.58 points or 1.1 percent to 4,683.92 and the S&P 500 fell 29.91 points or 1.5 percent to 1,921.22. The European markets ended Friday's session solidly to the downside. The highly anticipated US employment report showed disappointing job growth, which
triggered uncertainty among investors.

Indian markets tumbled on Friday, mirroring weak cues from Wall Street, Asia and Europe as anxiety ahead of U.S. jobs data due out tonight overshadowed optimism over the prospects of further ECB stimulus.

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First Published on Sep 7, 2015 08:56 am
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