Indian markets are expected to open on a negative note tracking the SGX Nifty and
global markets.
After initially registering sharp rise the US market pulled back and ended in the
negative zone as traders were unwilling to partake in buying owing to lack of major
economic data release.
The European markets ended Wednesdays session in the green with markets
feeding off on strong rally in the Asian markets. The markets reversed from their
respective intraday highs after UK’s industrial production dropped 0.4% in July.
The Indian markets rose strongly on Wednesday mainly on the back of positive
movement across global markets. The surge in world stock markets amid signs of
stability in China spurred gains in rupee for the second consecutive session

Download Full Report View Full Report in Browser