Indian markets are likely to open Positive tracking global indices and SGX Nifty.
U.S. Indices witnessed choppy trading session as overall activity was light and
volume were lower as many traders remained away from their desks following
Christmas and ahead of the holiday on New Years Day. Mix economic data such as
pending home sales unexpectedly edged higher but consumer confidence pulled
back more than expected kept trader cautious. The Dow rose 0.11% to finish at
24774. The SPX added 0.1% to end at 2683. The NASDAQ advanced 0.1% to
close at 6939.
U.K. traders returned from the Christmas holidays in an upbeat mood on
Wednesday sending the benchmark stock index higher and scoring a record close
largely supported by Miners Company. The FTSE 100 rose 0.4% to close at 7621.
On domestic front indices traded in narrow range but in second half of the session
NIFTY drifted lower. Primary reason for sudden down trend in market could be
Government scheduled meeting for borr
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