
Daily Market Review
The key benchmark indices opened for trade on a higher note after a holiday. However, the indices slipped into the negative terrain amid lack of key domestic or global cues to boost investors’ spirits. Indices extended slide in afternoon trade as selling pressure intensified amid weakness in European markets. Geopolitical tensions was one another factor that weighed on market sentiment. Reports suggesting that China today, 27 June 2017 accused Indian troops of crossing the boundary in the Sikkim region and demanded their immediate withdrawal while asserting that it stopped the Indian pilgrims who enter Tibet via the Himalayan pass of Nathu La for safety reasons in view of the border issue.
Continue reading “Daily Big Picture – Key Indices Extended Slide”