INDIAN
BENCHMARKS are likely
to start the session on a negative note as the global cues look unsupportive
with SGX Nifty trading 37.50 points lower.
Headlines for the day:
· UFO Moviez gets service tax demand order
· Ashok Leyland resumes operations at
Ennore facility impacted by rains
· Siemens bags order worth Rs377
crore from Indian Railways
Global
Indices:
· Asian stocks sank as tepid China trade
data signaled a worsening slowdown in Asia’s biggest economy while tumbling oil
prices hit shares of energy producers. China’s Shanghai Composite slid over 1.3
per cent while Hang Seng slumped over 1.7 per cent as China’s exports slipped
for a fifth month on the trot, declining 3.7 per cent, year on year, in yuan
terms, in November 2015.
· Japan’s Nikkei 225 fell over 1 per cent
as a sell-off in energy producers overshadowed upbeat GDP data which showed
that the world’s third biggest economy grew by an annualized 1 per cent in the
September quarter, hence averting a recession.
· Wall Street treaded water on Monday with
all three of the Dow Jones Industrial Average, the Nasdaq Composite and S&P
500 retreating led by a sell-off in shares of raw material producers and energy
companies.
Trend in FII flows: The FIIs
were net sellers of Rs – 65.04 Cr in the
cash segment on Monday while the DIIs were net buyers of Rs -54.9 Cr, as per the
provisional figures released by the NSE.
0 comments:
Post a Comment