Indian markets are expected to trade in a range on Wednesday, tracking positive trend seen in other Asian markets.
IT stocks may gain on positive economic data in US, the biggest outsourcing market for the Indian IT firms.
A high fiscal deficit and inflation are major challenges for India, Finance Minister Arun Jaitley said on Tuesday, adding that "mindless populism" in policymaking needed to be checked.
Asian stocks scored a three-year peak on Wednesday after a round of upbeat global economic data whetted risk appetites and helped Wall Street taste all-time highs. NSE index futures traded on the Singapore Exchange rise 0.76 percent, while the MSCI-Asia Pacific excluding Japan index is up 0.89 percent.
Stocks in Focus Today:
•Tata Steel Ltd
•M&M Ltd
•Tata Motors Ltd
•MCX Ltd
•Idea Cellular Ltd
IT stocks may gain on positive economic data in US, the biggest outsourcing market for the Indian IT firms.
A high fiscal deficit and inflation are major challenges for India, Finance Minister Arun Jaitley said on Tuesday, adding that "mindless populism" in policymaking needed to be checked.
Asian stocks scored a three-year peak on Wednesday after a round of upbeat global economic data whetted risk appetites and helped Wall Street taste all-time highs. NSE index futures traded on the Singapore Exchange rise 0.76 percent, while the MSCI-Asia Pacific excluding Japan index is up 0.89 percent.
Stocks in Focus Today:
•Tata Steel Ltd
•M&M Ltd
•Tata Motors Ltd
•MCX Ltd
•Idea Cellular Ltd
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