Sensex, on Friday, closed 57points downward at 29,365 as trader
booked earnings in many stocks ahead of results period. Among sectors, Metal,
Healthcare and FMCG missing over 0.6% to 1.0%each. Among stocks, ITC, Cipla and
Sun pharma missing over 1.8% to 2.4% each. Market breadth was unenthusiastic
with 1449 declines next to 1426 advances.
Nifty closed 17 points behind at9,119. Today, we wait for markets
to open on a flat note on the back of steady international cues.
US Markets stopped up on a negative note. Dow closed 0.2% down
while Nasdaq closed 0.1% lower. U.S. stocks were little changed as investors
assessed the French vote earlier weekend and after the benchmark gained as U.S.
Treasury Secretary Steven Mnuchin said plansto reform taxes have progressed. US
markets, today, will see data releases on FOMC Member Kashkari Speaks and FOMC
Member Kashkari Speaks.
Asian markets are trading on a positive note; Nikkei is trading
1.4% up and Hang Seng is trading 0.2% up. SGX Nifty is trading flat at 9,137.
Indian ADRs ended the day on a mixed note.Among financial ADRs, ICICI Bank
closed 0.7% lower, while HDFC Bank closed 0.2%lower. Among IT ADRs, Wipro lost
1.63\% and Infosys closed flat. Tata Motors ADR gained 1.4%.
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