Indian markets expected to open with positive bias. Key Asian indices showing mixed cues. Nifty resistance seen at 11000 and support at 10750, 10830.
Key Asian indices are trading in the red as concern over a global trade war resurfaced after the US said it would slap tariffs on extra $200 bn worth of Chinese imports.
Indian central bank's efforts to tighten the availability of rupees in market may squeeze profitability at the nation's lenders as it raises their funding costs.
Indian markets seen opening lower due to weak Asia cues. Fears of an impending trade war between U.S. and China dragged investor sentiment lower.
Indian markets seen opening sideways due to mixed Asia and U.S. cues. U.S. markets closed in the green on Wednesday. SGX Nifty trading with a slight positive bias.
Indian market slipped in trade on Tuesday, Key indices end down in line with weak global markets on worries of US-China trade tensions.
Key indices closed in the red on Monday, Sensex ended at 35548, down 74 points and Nifty at 10800 down 17 points.
Indian markets gave up early gains on Wednesday but managed to end higher for the third straight session, the rally was primarily driven by I.T and healthcare stocks.
Wheat prices fell by 0.44 per cent to Rs 1,825 per quintal in futures market today as speculators reduced holdings.
Stocks fell in Asia on Wednesday after turbulent sessions in the U.S. and Europe as Italy’s political predicament stoked fears of instability in the euro bloc.