US Markets end lower on geopolitical uncertainty - Trans Scan Securities

The Indian markets are likely to open lower following weak trend in other Asian markets. Tracking the momentum, the index is likely to test its key psychological support level of 5200-5250 in trade today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 80 point down at 5230, indicating a lower opening on the domestic market.

Overnight, US markets ended lower as geopolitical uncertainty rose over a possible U.S.-led military strike by the West against Syrian President Bashar al-Assad's forces.

Major Asian stocks edged lower tracking weakness in global markets amid jitters over a possible US-led military strike against the Syrian government. Japan's Nikkei hit a two-month low, and oil prices and gold rallied to multimonth highs.

Source : Equity Bulls

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