The European major index FTSE100 which opened lowered below its previous closing level in yesterday’s trading session now opened mildly above the previous closing level of 7,655.79 at the level of 7,679.75. But, in its early trading hour, it starts plunging and reached to even a lower level of 7,654.00 (03:09:11).
However, the DAX index opened on a positive sentiment and opened at the level of 12,601.37 from its previous closing level of 12,548.57. Yesterday it was following the footsteps of FTSE100 but today it is surging to a higher level.
The CAC 40 index hasn’t shown any improvement and opened on a flat note in its today’s trading session. It opened at the level of 5,399.19 from its previous closing level of 5,378.25.
Taking cues from the European market, it is expected to see some influence in the domestic market too.