global market round up

* Nifty futures traded on the Singapore Exchange are
up 0.45 percent, while the MSCI-Asia Pacific excluding Japan
index gains 0.88 percent.
* Asian shares raced to two-week highs on Wednesday, with
investor confidence getting a much needed boost from upbeat U.S.
data and lingering hopes China may take steps to stimulate its
sagging economy.
* U.S. stocks ended higher on Tuesday, rebounding from a
two-day decline as the hard-hit biotechnology sector regained
its momentum and a strong read on consumer confidence increased
optimism about the economy.

* The Confederation of Indian Industry holds its annual
general meeting on Wednesday and Thursday, with a number of top
policymakers and executives from Indian industry in attendance.
* India Supreme Court resumes hearing of Sahara chief
Subrata Roy's petition to be released from custody

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Poll panel may give conditional clearance for bank licences
today - Business Standard

Southern 'sweep' state could shape India's next government -

India generic drugmakers' woes put new focus on quality over
price -

Russia's Rosneft, India's ONGC may join forces on oil flows

Telenor may raise stake in Uninor to 100 pct - Economic

Jet Airways' acting CEO quits - Times of India
Nifty trending to open at 6715

banks will continue their rally.
factors that are effecting
Indian shares are set to open higher on Friday, following
gains in other Asian markets and continued foreign investor
* Bank shares are also expected to gain after India's
central bank extends deadline on capital norms under Basel III
to March 31, 2019 -
* NSE index futures traded on the Singapore Exchange
rise 0.3 percent to 6,714, a 72-point premium to the underlying
NSE index close on Thursday.
* The MSCI-Asia Pacific excluding Japan index
gains 0.6 percent.
* The euro was wallowing near three-week lows in Asia on Friday
as speculation intensified that the European Central Bank might
ease policy further, while similar hopes of stimulus in China
gave a fillip to Asian shares.
* Overseas investors bought Indian shares worth 21.92 billion
rupees ($364.03 million) on Thursday, provisional exchange data
* On watch: The Indian government will finalise its borrowing
calendar for the April-September period.
although fundamental factors keep influencing the heat of the markets but i feel there is also technical factors that have been causing so. being a technical trader I rather choose the technical aspects of the market. just for example nifty has started its rally from 5700, as the charts suggests, after a long bear rally, the market was in a consolidation zone, the fear greed ratio was not so appropriate which could cause another bear phase. it was a clear accumulation behind the scene. what do you think?

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