Indian markets are expected to open negatively tracking the SGX Nifty and global
cues.
U.S. stocks closed mildly in the red as investors eyed fluctuations in oil prices and
looked ahead to take cues from economic data (US would release its quarterly GDP
growth data today).
The European markets fell as sliding metal and oil prices hurt heavyweight mining
and energy companies stocks.
Indian markets closed with marginal losses in the first trading session of the week.
The session was volatile as the markets opened in the green and reversed initial
gains to hit intraday low in the mid afternoon. Decline in index major ITC and metal
and mining stocks (Tata Steel SAIL and JSW Steel) dragged the indices.
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