Indian stocks signal positive star The Indian stock markets are expected to open in the green zone as the global charts look supportive. SGX Nifty is trading 16.50 points higher. Global Market Asian shares rose in early trade on Wednesday after Wall Street snapped a three-day losing streak, but Japanese stocks tumbled after the yen surged on fading hopes of near-term stimulus from the Bank of Japan. U.S. stocks ended Tuesday with small gains, rebounding from three straight sessions of heavy selling. Trading throughout the day was choppy, however, as renewed tensions in Ukraine weighed on global markets. European shares fell for a second day on Tuesday as investors sold out of some of the years top performing regional indexes and stocks on fears the upcoming earnings season will prove sobering. Levels to watch out : Supports @ 6680 - 6650 - 6620 Resistance @ 6730 - 6750 - 6780 Regards, Team ATC.
Posted on: Wed, 09 Apr 2014 03:16:54 +0000
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