Pre Session: Markets may open higher amid strong Asian cues
13/04/2018
The Indian benchmark indices are set to open higher on Friday amid strong cues from other Asian peers.
The Asian markets have opened on a higher note with Japan and South Korea gaining after US markets gained in the last session, while Wall Street closed higher in the previous trading session as investors anticipated a strong earnings season and as US President Donald Trump’s suggestion that a military strike on Syria may not be imminent eased down geopolitical worries
On the economy front, the markets may react to a report that India’s retail inflation came in at 4.28 percent in March as prices of vegetables and other food and beverages softened. Also, India’s industrial production grew 7.1 percent in February led by robust manufacturing output compared to January's growth of 7.5 percent.
On the corporate front, Infosys, is set to kick off the March quarter earnings season on April 13.
Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,490.50, up by 22.50 point.
13/04/2018
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The Indian benchmark indices are set to open higher on Friday amid strong cues from other Asian peers.
The Asian markets have opened on a higher note with Japan and South Korea gaining after US markets gained in the last session, while Wall Street closed higher in the previous trading session as investors anticipated a strong earnings season and as US President Donald Trump’s suggestion that a military strike on Syria may not be imminent eased down geopolitical worries
On the economy front, the markets may react to a report that India’s retail inflation came in at 4.28 percent in March as prices of vegetables and other food and beverages softened. Also, India’s industrial production grew 7.1 percent in February led by robust manufacturing output compared to January's growth of 7.5 percent.
On the corporate front, Infosys, is set to kick off the March quarter earnings season on April 13.
Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,490.50, up by 22.50 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
