Market Commentary

Indian markets to open on a positive note tracking SGX Nifty - Angel Broking



Posted On : 2015-09-17 21:25:58( TIMEZONE : IST )

Indian markets to open on a positive note tracking SGX Nifty - Angel Broking

Indian markets are expected to open on a Positive note tracking the SGX Nifty and most global markets.

The US markets were volatile and closed Thursday's trading session on mixed note after the upward move seen in two prior sessions. The US Federal Reserve's decision to keep policy interest rate unchanged amidst market turmoil, rising international risks and slow inflation at home resulted in markets closing in the unchanged zone.

The majority of the European markets ended Thursday's session in the green. The investors remained cautious ahead of upcoming announcement from the Federal Reserve.

Indian shares opened higher and traded in the positive zone throughout Wednesday, in-line with gains seen in global markets as traders awaited Federal Reserve decision on interest rates.

Source : Equity Bulls

Keywords