Sensex Today: Domestic equity markets started Monday’s trade on a tepid note amid weak global cues and sluggish foreign inflows.
Global Cues
This morning, the US equity futures were tepid ahead of retail earnings due in this holiday-truncated week. Dow Jones futures and NASDAQ futures dropped up to 0.3 per cent.
Asia-Pacific markets, too, inched lower as Hang Seng, Nikkei 225, the S&P 200, Kospi, and Shanghai Composite indices fell up to 2 per cent.
On the commodities front, prices of Brent Crude slipped below $90 per barrel after demand in China weakened and investors feared rising interest rates. WTI Crude, meanwhile, hovered around $80 per barrel.
