Well, we're actually looking at quite a positive set of overnight cues, both from the US as well as the European markets. Asian markets too are in the green and the GIFT Nifty is also trading in the green, indicating a positive start for our own markets today morning.Overnight, most US markets ended in the green. Dow Jones ended over 0.6 percnet higher and US indices managed to snap a three-day losing streak.European indices too ended with marginal gains, while crude oil prices slipped over a percent in Monday’s trading session to the $77.69 a barrel mark.Meanwhile, the Indian markets on Monday witnessed a strong opening. They saw some further buying. However, there was a significant selling pressure in the second half and the markets managed to only end near the flatline and didn’t see significant gains. Advanced decline ratio, as far as the broader markets were concerned, were something that were skewed towards the decline or towards the laggard.

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11 Jul 2023