The key domestic benchmarks are likely to witness a positive opening today tracking a mostly bullish trend in Asian markets as investors bet on further monetary stimulus in the Euro area. China’s Shanghai Composite rose even as industrial profit growth weakened last month, fueling concerns over a slowdown in the world’s second biggest economy. Industrial profits in China grew 13.5 per cent in July 2014 from the same month a year ago, compared to an annual 17.9 per cent rise in June 2014. Japan’s Nikkei 225 fell as a weaker yen dimmed the appeal of exporter stocks.
