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19 April, 2024 13:22 IST
Markets likely to witness a flat opening: ICICIdirect
Source: IRIS | 16 Aug, 2017, 09.00AM
Rating: NAN / 5 stars.
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  ''Domestic markets are expected to witness a flat opening, tracking global cues. With the earnings season almost coming to an end and lack of macro data release this week, markets will be driven by FII/DII activity along with stock specific action,'' said ICICIdirect.

Domestic markets on Monday, ended in the green after the release of subdued factory output data, which added to the hopes of another rate cut. On Tuesday, the market remained closed on account of Independence day.

US markets on Monday ended in the positive territory on account of bargain hunting. On Tuesday, they ended on a mixed note as traders awaited additional information on the economic front.

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