Indian Markets are expected to open soft on Thursday - TRANS SCAN

The Indian markets are expected to soft on Thursday tracking weak Asian markets, while investors will keep a close eye on Tata Consultancy Services which reported its earnings post market hours on. At 07:30 a.m., Nifty India stock futures in Singapore were trading 13.50 points lower at 5686, indicating a soft opening on the domestic market.

Overnight, US stock markets ended lower, led by a sharp drop in Apple shares on worries about slowing demand for its products and weaker-than-expected results from Bank of America.

Asian shares slipped tracking weakness in US and European equities on renewed concerns about global economic growth.

Source : Equity Bulls

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