Pre Session- Markets seen opening lower on weak global cues
11/12/2014 08:09
The Indian benchmarks are likely to open on a weak note today, as suggested by SGX Nifty that was trading in red tracking bearish cues from global peers. On the global front, Asian peers were trading lower as investors turned bearish after US stocks closed lower in overnight trading as oil’s collapse to a five-year low. Back home, investors remained on edge ahead of key macro data such as industrial production and consumer price inflation data later this week.
11/12/2014 08:09
The Indian benchmarks are likely to open on a weak note today, as suggested by SGX Nifty that was trading in red tracking bearish cues from global peers. On the global front, Asian peers were trading lower as investors turned bearish after US stocks closed lower in overnight trading as oil’s collapse to a five-year low. Back home, investors remained on edge ahead of key macro data such as industrial production and consumer price inflation data later this week.
