Expect market to open on positive note: Angel Broking

Written By Unknown on Kamis, 08 Januari 2015 | 10.54

According to Angel Broking, markets are expected to open on positive note, tracking SGX Nifty and Asian markets.

Angel Broking's market report:

Indian markets are expected to open on positive note, tracking SGX Nifty and Asian markets.

US stocks rallied as data on the labor market and trade deficit boosted the confidence of investor on economic growth. European markets ended on positive note as oil stabilized and Eurozone inflation turned negative in December, thus building hope of additional stimulus measures will be announced at next monetary policy meeting of ECB.

Indian indices fell sharply on concern of steep fall in crude prices will hurt the global economic growth and speculation of Greece's leaving the European Union.

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