The article below represents a preview only and is not meant for reuse or republishing.
Markets to open in green terrain; CPI data eyed
India, Aug. 13 -- Indian markets ended higher for second straight session on Friday as the sentiment turned positive on strong buzz that the government may axe higher foreign portfolio investment (FPI) tax. Markets remain closed on Monday on account of Bakrid. Today, the start of the truncated week is likely to be in green as investors looking for the development over expected measures to revive economy as well as the roll-back of super-rich tax. Traders will also be looking to the macroeconomic data including CPI inflation and balance of trade for the month of July to be release later in the day. Some support will come with report that the government is working on a set of measures to remove friction points in the economy with a view to en...
To read the full article or to get the complete feed from this publication, please Contact Us