Indian markets are expected to open on positive note tracking the SGX Nifty and
most Asian markets.
U.S. markets moved notably higher during trading on Tuesday more than offsetting
the moderate weakness seen in the previous session. The strength on US market
reflected positive sentiment generated by an overnight rally by stocks in the Asia
Pacific region.
European markets came under pressure on Tuesday closing mixed despite new
unemployment figures from the euro zone showing the region taking a step in the
right direction.
The Indian shares ended little changed on Tuesday after the Reserve Bank of India
kept its key repo lending rate unchanged at 6.75% but affirmed commitment to ease
its policy as and when room is available.
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