According to SMC Global Securities, the market is likely to open on negative note taking cue from weak global markets.
The market is likely to open on negative note taking cue from weak global markets. Asian stock markets opened low following weak Chinese data but overall trading volumes were light with Japan closed for a holiday.
US Stocks closed lower before the weekend awaiting the outcome of Federal Reserve meeting. As per provisional figures, foreign institutional investors (FIIs)/ Foreign Portfolio Investors (FPIs) bought shares worth a net Rs 182.8 crore on 12th September 2014. Domestic institutional investors sold shares worth Rs 208.44 crore on that day.
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