Indian markets
Markets trade flat in morning session.
Indian Indices:
Indian markets were trading flat in
the morning trading session tracking a bearish trend across Asia and a sell-off
at Wall Street overnight as fears surrounding the Brexit fallout continued to
unnerve traders, curbing risk taking appetite.
Volatility may remain high at the
stock bourses this week while the rupee which tumbled the most in ten months on
Friday may continue to remain under pressure with Brexit likely to prompt a
shift away from risky assets including emerging market equities. Investors
likely to remain cautious ahead of the June Futures & Options (F&O) contract
expiry this week.
The top gainers of the BSE Sensex
pack were Maruti Suzuki, Lupin, ONGC, Cipla, Tata Steel, among others.
Meanwhile, ICICI Bank, Wipro, ITC, SBI, NTPC were among the top losers on BSE
On the global front, Asian stocks were trading mixed today on concerns that
Britain’s decision to leave the European Union may slow global economic growth
while speculation emerged that policymakers may shore up financial markets with
investors awaiting signs from central banks to help quell market turmoil.
Trend in FII flows: The FIIs were net
buyers of Rs -146.11 Cr in the cash segment on Monday while the DIIs were net
sellers of Rs 147.07 Cr, as per the provisional figures.
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