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19 April, 2024 12:11 IST
Markets likely to on open on positive bias: Angel Broking
Source: IRIS | 26 May, 2017, 08.49AM
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  Indian markets are likely to open on positive bias tracking Global markets, said Angel Broking in its report.

The S&P 500 and Nasdaq Composite closed at fresh records, as U.S. stocks advanced for a sixth straight session, thanks in part to big gains in shares of Best Buy after quarterly results. The DJIA, gained 0.3%, to close at 21,083.The S&P 500 index, rose +0.44% to finish at 2,415.07, after setting an intraday record of 2,419.The Nasdaq Composite added +0.7%, to end at 6,205.The US indices ended up, helped by yesterday’s release of the [Federal Open Market Committee] meeting minutes which suggested there will be a very gradual and thoughtful balance sheet normalization process.

The U.K. market ended slightly higher on Thursday as the impact from a weaker pound outweighed a drop for energy companies after OPEC agreed to extend output curbs. The FTSE 100 ended with gain of less than +0.1% to end at 7,518.

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