Market Commentary

Major Asian Markets remained subdued - Trans Scan Securities



Posted On : 2013-07-21 21:34:32( TIMEZONE : IST )

Major Asian Markets remained subdued - Trans Scan Securities

The Indian markets are likely to open on a softer note tracking global cues. Stock investors might need to brace for heightened volatility in the week ahead. The July series derivative contracts expire and uncertainty lingers on the Reserve Bank of India (RBI)'s steps to reduce the rupee's volatility.

The markets may test higher levels this week after Reliance Industries posted better-than-expected quarterly results on Friday.

On Friday, US markets closed lower. Major Asian markets remained subdued in early trades today.

Source : Equity Bulls

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