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21 June, 2018 12:16 IST
Markets likely to open negative: Angel Broking
Source: IRIS | 07 Jul, 2017, 09.01AM
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Indian markets are likely to open negative tracking SGX Nifty and global indices, said Angel Broking in its report.

In the US markets, stocks saw considerable weakness during trading on Thursday. With the drop on the day, the Nasdaq and the S&P 500 fell to their lowest closing levels in over a month. The major averages ended the day firmly in negative territory. The Dow slid 0.7 percent to 21,320, the Nasdaq tumbled 1 percent to 6,089 and the S&P 500 slumped 0.9 percent to 2,410. The weakness on Wall Street came following the release of a report from payroll processor ADP showing weaker than expected private sector job growth in the month of June.

The UK stocks declined on Thursday, in line with a selloff in global equity markets, as the European Central Bank added to signals that central banks in major economies are on the path toward tighter monetary policy. The FTSE 100 shed 0.4% to close at 7,337, with only the financial and oil and gas sectors moving higher.

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