Indian stock markets may be marginally lower, Asian shares cautious - News Summed Up

Indian stock markets may be marginally lower, Asian shares cautious


Mumbai: Indian stock markets may tick marginally lower on Monday, with global peers having kick-started the week on cautious note. The offshore Chinese yuan was little moved at 7.1339 yuan per dollar and off Friday's three-week low of 7.1520 to the dollar. Chinese share markets will trade only on Monday this week ahead of China's National Day holiday, which runs until 7 October. The delisting of Chinese companies from US stock exchanges was part of a broader effort to limit US investment in Chinese companies. Sterling traded at $1.229, not far from Friday's low of $1.2270, its lowest since 9 September.


Source: Mint September 30, 2019 02:37 UTC



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