Volatility may continue in Indian stock markets on Thursday, while trends in SGX Nifty indicates a flat opening for the benchmark indices.
Asian shares edged higher in the morning trade after global equities and crude prices rallied overnight on hopes of a rapid economic recovery and government support.
Global equities have received a boost this week as governments around the world gradually loosened their coronavirus lockdown restrictions, raising investor hopes the economic impact of the pandemic would be short-lived.
Back home, Finance minister Nirmala Sitharaman assured business leaders that the government will address issues that companies may face even after the government’s recent fiscal stimulus measures.