Markets to remain volatile amid weak global cues Markets is expected to open on a cautious note on Monday owing to a number of important events lined up for this week. SGX Nifty is trading 2.50 points lower. Global Market Asian stock markets got off to a slow start on Monday after a U.S. market holiday but held near three-year highs on optimism about the U.S. economy, with investors now shifting their focus to corporate earnings. All U.S. markets and banks were closed on Friday for the Independence Day holiday A slump in the shares of Austrian bank Erste hit the Vienna stock exchange on Friday and halted a rally on the broader European equity market which had reached multi-year highs this week. Levels to watch out : Supports : 7700 - 7660 - 7620 Resistance : 7760 - 7800 Regards, Team ATC.
Posted on: Mon, 07 Jul 2014 03:28:54 +0000
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