Market Commentary

Indian Markets may open higher on positive global cues - TRANS SCAN



Posted On : 2013-03-20 21:27:25( TIMEZONE : IST )

Indian Markets may open higher on positive global cues - TRANS SCAN

The Indian markets are expected to open higher on Thursday tracking positive global cues and the index may even test its psychological level of 5700 in trade today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 22 points higher at 5739.50, indicating a positive opening on the domestic market.

Overnight, US Stocks climbed after recent fall as the Federal Reserve reassured investors that it would keep supporting the economy.

Asian share were trading higher after China's manufacturing sector picked up in March, showing signs of recovery in the world's second largest economy.

Source : Equity Bulls

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