Indian Markets may test key psychological level of 6000 - TRANS SCAN

The Indian markets are expected to open higher on Tuesday tracking mixed Asian markets and may even test its key psychological level of 6000 in trade today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 12.50 point higher at 5992, indicating a positive opening on the domestic market.

Overnight, US Markets remained firm. The S&P 500 closed at another record high, pushing further above 1,600 after Bank of America said it would settle claims with MBIA for $1.6 billion, lifting shares of both companies as well as the S&P financial sector Index.

Major Asian markets inched higher tracking gains in US markets, but weak global growth data kept investors on sidelines.

Source : Equity Bulls

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