Nifty likely to open Flat

The equity markets in India is expected to open flat on Monday. SGX Nifty was trading at 8690.50 up 2.50 points. 

 

Asian markets open mixed in the early trade as investors are cautious ahead of a speech from Federal Reserve Chair Janet Yellen at Jackson Hole on Friday. 

 

With utilities dropping more than 1 percent in the US market, stocks closed lower on Friday, as investors digested hawkish rhetoric from Federal Reserve officials and kept an eye on oil prices. 

 

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