 "Markets seen opening lower tracking weak Asian shares")
Benchmark US share indices ended lower on Tuesday after Bank of Japan maintained status quo on its monetary policy . The Dow ended down 117 points at 15,122. S&P 500 ended down 17 points at 1,626 and Nasdaq Composite ended down 37 points at 3,437.
Asian stocks fell sharply on Wednesday with Japan's Nikkei down 1.8 per cent after Bank of Japan did not announce any fresh stimulus measures. Singapore's Straits Times and Taiwan Weighted were down 0.5 per cent each.
More From This Section
At 8:15 hrs Indian Standard Time the SGX Nifty was down 25 points at 5,764.
According to technical experts, the Nifty can slide to 5,710-odd levels in the near term. Today, the NSE index is likely to seek support around 5,755-5,735, while face resistance around 5,820-5,845.
The Andhra Pradesh High Court late Tuesday okayed merger of Mahindra Satyam with its parent Tech Mahindra.
Passenger car sales in India during May declined for the seventh straight month with sluggish economic growth, high inflation levels and financing costs affecting consumer demand.
The Competition Commission of India is examining a complaint against five leading airline companies alleging cartelisation to levy uniform fuel surcharge on air cargo.
Fortis Healthcare has agreed to sell its entire stake in, Fortis Hoan My Medical Corporation to Viva Holdings Vietnam (Pte.) Ltd for $80 million.
Coal Ministry today slapped fresh showcause notices on 12 firms including NTPC, SAIL and Bhushan Steel among others.