Indian Markets expected to open soft on Wednesday - TRANS SCAN

The Indian markets are expected to soft on Wednesday tracking mixed Asian markets, while investors will keep a close eye on HCL Technologies and TCS which will declare their quarterly results later today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 2 points lower at 5698, indicating a soft opening on the domestic market.

Overnight, US stock markets rose as gold prices rebounded and earnings from Coca-Cola and Johnson & Johnson improved the outlook for first-quarter results.

Asian shares bounce back as a sharp sell-off over the past two sessions prompted value buying supported by positive American corporate earnings.

Source : Equity Bulls

Keywords