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19 June, 2018 19:24 IST
Markets likely to open on flat note: Angel Broking
Source: IRIS | 12 Jul, 2017, 09.11AM
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Indian markets are likely to open on flat note tracking SGX Nifty and global indices, said Angel Broking in its report.

The US stocks showed a lack of direction over the course of the trading session on Tuesday as traders remained reluctant to make significant move ahead of FED Chair Janet Yellen's semiannual testimony before Congress. The S&P 500 edged down 0.1 percent to close at 2,426, the Dow inched up 0.55 points to 21,409 and the Nasdaq rose 0.3 percent to close at 6,193.

The U.K. equity benchmark closed lower on Tuesday, as Pearson Plc shares dropped sharply in the wake of USD 1 billion stake selling news, and Marks &Spencer group Plc plunged after disappointment update. The FTSE 100 index UKX, -0.55% gave up 0.6% to end at 7,330, pulling back after two winning sessions in a row.

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