Indian Markets expected to open soft - TRANS SCAN

The Indian markets are expected to open soft on Monday tracking mixed Asian markets and the Nifty index is likely to test its key psychological level of 6000 in trade today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 6.5 points higher at 5972.50, indicating a soft opening on the domestic market.

On Friday, US Stocks edged higher with the Dow Jones Industrial Average set a fresh record for the fourth straight session supported by solid jobs data.

Asian share eased after surprisingly strong U.S. labor jobs data showed economic recovery there gaining traction.

Source : Equity Bulls

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