Indian Markets expected to open lower tracking weak Asian Markets - TRANS SCAN

The Indian markets are expected to open lower tracking weak Asian markets, while investors will keep a close eye on Bharti Airtel ahead of its quarterly results. At 07:30 a.m., Nifty India stock futures in Singapore were trading 9 point lower at 5961, indicating a negative opening on the domestic market.

Overnight, US stock markets edged lower after trend of discouraging data indicated that the Fed wouldn't ease up on its accommodative monetary policy of quantitative easing.

Major Asian markets were trading weak tracking fall in U.S. stocks overnight and caution before the European Central Bank's interest rate decision later in the session.

Source : Equity Bulls

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