SGX NIFTY hint at positive start for Indian equities

Indian market likely to open higher as indicated by the Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index on Wednesday. The Indian benchmark index NIFTY likely to extend its winning streak as investors are geared up for the Reserve Bank of India’s two-day policy review beginning today to decide interest rates.

In the global front, Asian market trading mixed to higher today taking cues from the overnight U.S. market which closed mixed to higher on Tuesday. The Global markets are trading mixed as investors took a cautious stance following the latest developments in U.S.-China trade tensions and on speculation that President Donald Trump’s policies won’t disrupt global trade and economic growth.