Market Beeps - Market seen opening weak on global cues; Inflation data eyed
UAE Exchange Etrade
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Markets are expected to open on a negative note tracking similar trend in Asian shares.
Global risk appetite was weak after U.S. consumer sentiment and poor retail sales stoked fears of growth recovery in the world's biggest economy.
Asian shares traded negative in opening deals after poor set of economic data from US.
The Dow Jones industrial average was down 0.08 points, or 0.00 percent, at 14,865.06. The Standard & Poor's 500 Index was down 4.51 points, or 0.28 percent, at 1,588.86. The Nasdaq Composite Index was down 5.21 points, or 0.16 percent, at 3,294.95.
Following stocks are expected to move today
Oil India Ltd (OIL) has commissioned its 54 mega watt wind turbine plant at Dangri in Jaisalmer district of Rajasthan, there by strengthening its footprint in renewable energy.
Dena Bank expects Rs 1,260 crore capital infusion from the government, said its chairman and managing director Ashwani Kumar.
Market Beeps of the day attached.