Indian Markets expected to open higher on Thursday - TRANS SCAN

The Indian markets are expected to open higher on Thursday tracking positive global cues, while investors will keep a close eye on the much awaited Union Budget 2013 which will be presented in the Parliament later today. Investors will also eye GDP data for the December quarter.

The Economic Survey 2012-13 has pegged the country's economic growth forecast at 6.1-6.7% in the coming financial year.

Overnight, US Stocks rose as Federal Reserve Chairman Ben Bernanke remained positive on Fed's stimulus plans. Asian shares extended gains as sentiment improved after US Federal Reserve Chairman Ben Bernanke reaffirmed his commitment to strong stimulus.

Source : Equity Bulls

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