Indian stock markets are likely to be volatile on Thursday tracking global equities that tumbled after the US Federal Reserve's comments on recession.
However, positive investor sentiment due to the Indian government's liquidity and credit flow measures may help offset losses in today's trade.
Trends in SGX Nifty suggest a negative opening for key domestic indices. Finance minister Nirmala Sitharaman on Wednesday announced 15 measures aimed to boost largely MSMEs, real estate sector, NBFCs and discoms.
These measures are part of the ₹20 trillion economic package that Prime Minister Narendra Modi this week. Sitharaman offered struggling small businesses, India's dominant job creators, a rescue package that includes credit guarantees, equity
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