Indian Stocks open in red tracking sharp losses in Asian peers - ICICI Bank : Treasury Research

Indian stocks markets opened in the red tracking sharp losses in other Asian peers and weak overnight cues from the Wall Street. In the absence of fresh domestic triggers, markets would closely watch developments on the global front including cues on Fed's asset purchases program. Meanwhile, some caution is likely to prevail ahead of the FY2013 Q1 earning result announcement by corporates, starting this Friday.

Technically, Sensex is expected to trade ranged between 19000-19600.

Source : Equity Bulls

Keywords