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26 April, 2024 14:55 IST
Markets likely to open flat: Angel Broking
Source: IRIS | 23 Jun, 2017, 09.04AM
Rating: NAN / 5 stars.
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Indian markets are likely to open flat tracking the SGX Nifty and Asian markets, said Angel Broking in its report.

US markets had a flat session during yesterday's session. Stocks benefited initially from a positive reaction to the release of the details of the plan to repeal and replace Obamacare. Healthcare stocks gave a strong move to the upside initially but lost ground as the indices moved lower during the session.

UK stocks were dragged lower as crude prices continued their decline, with brent crude futures trading below USD 45 per barrel. Energy major Tullow Oil lost 1.6 percent, while Royal Dutch Shell and BP Plc dropped about 1 and 0.6 percent respectively. Miners lost ground, with Glencore losing more than 1 percent.

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