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Volatility may continue on Dalal Street; aviation stocks in focus

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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.

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