Indian markets are likely to open positive tracking global indices and SGX Nifty.
U.S. stocks have higher lower during trading. The rebound on Wall Street Comes as traders is picking up stocks at reduced levels despite lingering concerns about a potential trade war between the U.S. and China. The Dow Jones closes up by 1.1% to close at 24196. The NASDAQ ended up by 1.5% to close at 7019.
U.K. stocks were slightly higher with more talk of North Korean willingness to discuss denuclearization and hopes for strong earnings helping underpin investor sentiment. The FTSE 100 was up by 0.2% to end at 7194.
On domestic front Indian shares rose for a third consecutive session to close at almost fourweek highs as investors downplayed fears of a global trade war and pinned hopes for strong quarterly earnings which will be kickstarted by Infosys on Friday. The BSE Sensex ended up by 0.5% at 33789.Download Full Report