Market at a Glance
The Indian equity market is likely to open soft today tracking positive Asian markets.
Meanwhile, the investors are keeping an eye over the monthly inflation data for July to be
released later in the day. The ease in the headline inflation would help the RBI ease key policy
rates. Further, the investors will keep a close eye over the release of quarterly numbers, that
will further direct the trend of the market. Meanwhile, the Asian markets are trading steadily
as investors are awaiting a raft of economic data from Europe and the US later in the day.
Japan's Nikkei edged higher, on low volumes due to the holiday season, with the exporters
gaining strength as the dollar strengthened against the yen in the New York. In SGX Nifty,
Aug'12 contract last traded at 5,372, up by 1.00 point from previous settlement.
Comments
Post a Comment