News Snapshot:
The Indian stock market indices Nifty 50 and Sensex today are expected to open higher following strong global cues. The Asian markets traded higher following last week’s rally in US stocks as investors’ risk appetite improved on hopes that the US Federal Reserve will not hike interest rates further. Investors will now await US Fed Chair Jerome Powell’s speech for future guidance on interest policy. Among other stock market triggers for the domestic markets during this week include the ongoing second quarter results of current fiscal, domestic and global macroeconomic data, foreign capital inflow and global market cues. The domestic...
