U.S. stocks fell on Monday's trading - Nirmal Bang

U.S. stocks fell, paring a monthly gain for the S&P's 500 Index, as fewer Americans signed contracts in June to buy previously owned homes.

Most Asian stocks rose as Japanese exporters advanced after the yen weakened, offsetting a bigger-than-estimated decline in Japanese factory output.

Sliding lower for the fourth day, India's Sensex fell 155 points to nearly three-week low as banking stocks remained weak ahead of RBI monetary policy review while FMCG, PSU and metal shares saw selling earnings-related pressure. The benchmarks have been under pressure for the past four sessions on worries that the RBI may hike interest rates to support the rupee from depreciating against the US dollar. Market is expected to open on a positive note and will be more driven by RBI policy.

Source : Equity Bulls

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