Market Commentary

Indian Markets to open higher - TRANS SCAN



Posted On : 2013-05-27 21:24:22( TIMEZONE : IST )

Indian Markets to open higher - TRANS SCAN

The Indian markets are likely to open higher tracking positive Asian markets. Tracking the momentum, the index is likely to test its next crucial psychological level of 6100 in trade today.

At 07:30 a.m., Nifty India stock futures in Singapore were trading 4 points higher at 6076, indicating a higher opening on the domestic market.

Overnight, US markets were closed on Monday, May 27 for Memorial Day.

Major Asian markets trading steady led by gains in Japanese stocks as market players awaited direction from US markets when it resume trade after holidays on Monday.

Source : Equity Bulls

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