Markets likely to open on a flat note
June 28, 2021
Consolidation phase likely to continue, say analysts Domestic markets are expected to open the new week on a positive-to-flat note amid mixed global cues. Market experts said the market would largely remain in a consolidation phase before taking a clear direction.
The SGX Nifty is currently ruling at 15,900 indicates (8 am) against the July futures at 15,888, and the spot close of 15,860.95.
Last week, the US markets closed with a mixed tone, with tech-focussed Nasdaq slipping marginally even as the Dow Jones Industrial Average and the broader S&P 500 closed higher, with the latter hitting a record high on Friday.