Markets open on a cautious note ahead of Brexit vote - Dollar Advisory & Financial Services

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Wednesday 22 June 2016

Markets open on a cautious note ahead of Brexit vote

Markets have started the day on a cautious note as participants stay in suspense before the Brexit vote due tomorrow can|which will|that may} decide whether or not United Kingdom will keep in European Union or leave.

At 9:15 am, the S&P mad cow disease Sensex is commerce twelve points higher at twenty six,825 and also the Nifty50 is up vi points to quote at 8,225

Geojit BNP Paribas in an exceedingly technical note says “Inability to feature to Monday’s gains, hints at the indecisiveness, and stiffness of the eight,330 resistance, that's within the neighborhood. to the current finish, costs could got to dig deeper to draw in enough shopping for interest. A slippage past eight,000 might set draw back moves in motion, however favoured read expects eight,043 to limit the day’s weaknesses.”

Textile and medium firms have gained in early trades before the cupboard meet later these days that is probably going to announce new measures for each the sectors.

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