Indian stock market on Thursday is expected to remain volatile tracking global cues. SGX Nifty, which indicates the trend for Indian equities, suggests a positive opening.
Asian shares were mixed in early deals even after key indices on Wall Street gained due to hopes that the coronavirus pandemic is nearing its peak and that governments would announce more stimulus measures to mitigate the economic damage.
On Wednesday, rising US stocks lifted MSCI’s index of global equities more than 2% despite pressure on European shares, after euro zone finance ministers failed to agree on more support for their coronavirus-hit economies.