US stocks were little changed - Nirmal Bang

U.S. stocks were little changed as investors watched corporate earnings to assess the strength of the economy before tomorrow's employment data.

Asian stocks fell as investors await the release of delayed U.S. payrolls data to gauge when the Fed Reserve will starting trimming record stimulus.

In a choppy trade, Sensex held near its all-time high of 21,004 on buying in capital goods stocks, mainly in L&T, after the company maintained its revenue guidance. Market was also boosted by continuing foreign capital fund flows, Brokers said. They said a better trend in the Asian region and higher opening in Europe amid speculation the Fed Reserve will delay stimulus cuts, further supported the uptrend. Market is expected to open on a lower note and likely to see profit booking during the day.

Source : Equity Bulls

Keywords