Indian equity markets are likely to be volatile on Friday as investors will continue to weigh the positives of the second round of measures announced under the government's ₹20 trillion economic package.
SGX Nifty, which indicates the movement for domestic equities, suggests flat opening. The government on Thursday unveiled a ₹2.3 trillion cheap loans programme for farmers to prop up the rural economy ahead of the main summer crop planting season.
It also announced a raft of measures to ease the hardships of India’s urban poor who have suffered the most after the economy went idle because of the world's most stringent lockdown.