Indian Stock Markets outlook for June 16th, 2011

Free, Stock, TipsOUTLOOK FOR THE DAY June 16th, 2011The Indian markets are likely to open on a negative note on ahead of the Reserve Bank of India's (RBI) 2011-12 mid-quarter monetary policy review due today. It is widely expected that this time around also RBI would at least hike Repo Rate by 25 bps. Asian stocks fell for a second day, the cost of insuring the region’s debt jumped to a six-month high, and the euro traded near a three-week low against...

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