Cabinet to consider mineral exploration policy
Asian markets are trading higher tracking cues from Wall Street overnight. Indian indices are expected to open higher and focus will be on global cues for further direction.
The U.S. markets ended higher amid gains in oil prices and as stocks recovered post a selloff seen in the past few sessions, while data showing that U S economy grew at 1.1% annualized in the first quarter ( as compared to 0.8% last month) boosted investor sentiments . The Dow Jones gained 269 points or 1.57% to close at 17,410 while NASDAQ gained 97 points or 2.12% to close at 4,692.
Nikkei is trading higher by 1.25% while Hang Seng is trading higher by 0.87%. Sgx Nifty is trading higher by 0.28%.
Source : AxisDirect