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Indian Markets To Open Higher On Firm Cues From Global Markets On Optimism About U.S.-China Trade Discussions
U.S. stocks rose for a third straight session on Tuesday after Washington and Beijing extended their trade negotiations for a third day. The S&P 500 Index added 1 percent to close at 2574 after making a low of 2547.
European markets also closed at high on Tuesday after U.S. President Donald Trump tweeted, "talks with China are going very well!".
Following US markets Asian stocks opened higher on optimism that a positive outcome from the discussions between U.S. and Chinese officials would help the two nations strike a long-term trade deal and result in economic revival in China.
Yesterday FII & PRO in Index option have bought 62928 contracts in which suggest strength in the market.
The US 10 Year T-Note is trading at 121.68. The Bond has broken its important low of 120.03 on 2nd Oct 2018. The US Dollar Index is trading at 95.412.
Cash Market Data-
In the last 10 days, DII has bought shares in the cash segment worth Rs. 1468.47 Crore.
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