Market Commentary

Indian Markets are likely to open higher on Thursday - Trans Scan Securities



Posted On : 2013-08-28 22:13:55( TIMEZONE : IST )

Indian Markets are likely to open higher on Thursday - Trans Scan Securities

The Indian markets are likely to open higher following positive trend in other Asian markets ahead of August F&O expiry due later today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 31.50 point down at 5299, indicating a higher opening on the domestic market.

Overnight, US markets rose as energy shares rallied on higher oil prices as the United States and its allies edged closer to military action against Syria.

Major Asian stocks were trading higher after two days of steep losses as fears abated that U.S.-led forces would soon launch a military strike on Syria.

Source : Equity Bulls

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