Indian Markets are likely to open soft or negative tracking muted Asian Markets - TRANS SCAN

The Indian markets are likely to open soft tracking muted Asian markets, while investors will keep a close eye on auto and cement sales numbers for the month of June. Automobile and cement shares will remain on the investors' radar, as the companies from these two sectors will start unveiling monthly sales volume data for June 2013 from July 01, 2013.

On Friday, US stocks ended mixed but posted their strongest first half of any year since 1998 after reaching record highs in May supported by the Federal Reserve's massive monetary stimulus.

Major Asian markets were trading mixed after China's factory activity shrank for a second straight month in June and reached its lowest in nine months.

Source : Equity Bulls

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