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Market to open flat with a negative bias

SMC | 14 Sep, 2017  | Follow Author | Add to my Favourites 
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The  market  is  likely  to  open  flat  with  a  negative  bias  in  today’ s  trade  tracking  from  the  global  markets.  Asian  stock  market  opened  mixed in today’ s trade ahead of key data on China’s economy and  U.S.  inflation  that  will offer  a  guide  for  global  economic  growth  and  central  bank  actions.  The  Wall  Street  equities  closed  modestly  higher  in  choppy  trading  as  traders  expressed  some  uncertainty  about the  near-term  outlook for the  markets, ahead of the  release  of some key economic data over the next couple of days. As per  provisional  figures,  foreign  institutional  investors  (FIIs)/  Foreign  Portfolio  Investors  (FPIs)  sold  shares  worth  net  Rs  826.77  crores  on  13th  September  2017 .  Domestic  institutional  investors  bought shares  worth  Rs  725.90  crores  on  that  day.

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About SMC
SMC Research, founded in 1990, is India’s leading share and stock broker, provides a wide range of financial services and investment solutions. A blend of extensive experience, diverse talent and client focus has made us the 4th largest broking house in India(Source: Dun and Bradstreet, 2008). Over the years, SMC has expanded its operations domestically as well as internationally. Existing network includes regional offices at Mumbai, Kolkata, Chennai, Cochin, Ahmedabad, Jaipur, Hyderabad, Bangalore plus a growing network of 2100+ offices spread across 425 cities/towns in India.

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

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