Indian markets are likely to open on Positive note tracking the SGX Nifty.
U.S. markets closed lower Monday slightly below record levels as investors
grappled with a variety of geopolitical issues such as terrorist attacks in London
ahead of the U.K. election and the scheduled public testimony of fired Federal
Bureau of Investigation Director James Comey.
The European markets ended the first session of the new trading week with modest
losses. Investors were in a cautious mood following the latest terrorist attack in
London over the weekend. Some markets also remained closed for a holiday
Monday including the DAX of Germany and the SMI of Switzerland.
Indian markets eked out modest gains to hit fresh record closing highs on Monday
even as underlying sentiment remained cautious elsewhere Asia and Europe after a
U.S. jobs report failed to meet expectations and Islamic terrorism once again stuck
the United Kingdom killing at least seven people and injuring 48 more.
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