Stock Markets Open Flat Amid Rising Crude Prices, Weak Asian Markets

“Additionally, there are two more factors that can continue to support the market. One, relentless FII selling which has been weighing on markets has abated. During the last nine trading days, FIIs were buyers in the cash market, though by small amounts. Two, the South Korean and Taiwanese markets, which have been attracting massive investments have turned weak and excessively volatile. Last week India outperformed both South Korea and Taiwan.”

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