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Markets likely to open gap down: ICICIdirect
Source: IRIS | 11 Aug, 2017, 09.01AM
Rating: NAN / 5 stars.
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''A massive gap down opening is expected for the Indian markets following a crack in US stocks in overnight trade on escalating geopolitical tensions. Apart from global cues, markets will be driven by a slew of Nifty stocks announcing their quarterly results today,'' said ICICIdirect.

Domestic markets ended in the negative territory on the back of factors like Sebi's directive on shell companies, concerns between India and China with respect to the Doklam area and rising tensions between the US and North Korea.

US markets ended in the red as geopolitical concerns continued to weigh on the markets.

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