Indian Markets likely to open down - Trans Scan Securities

The Indian markets are likely to open on lower tracking weak Asian markets. The index is likely to remain volatile ahead of July F&O expiry due today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 32 points lower at 5973, indicating a lower opening on the domestic market. Markets are likely to remain volatile for the next few days considering the fact that July F&O expiry is due on Thursday.

Overnight, US markets ended mixed as investors booked profits a day after Dow Jones industrial average closed at record high.

Major Asian markets retreated from seven-week highs as investors preferred to stay on sidelines after a sharp rally.

Source : Equity Bulls

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