The BSE’s 30-share benchmark index- Sensex is expected to open higher on Wednesday ahead of the Wholesale Price Index (WPI) for the month of March. Investors’ sentiments are also likely to be supported by the World Bank’s prediction of 8 per cent GDP growth for India by the year 2017.
Overnight, the US stocks ended lower, following which the Asian markets opened on a mixed note. China’s Shanghai Composite was trading at 4,148, up by 13 points; Hong Kong’s Hang Seng was trading above 73 points at 27,635; and Singapore’s Straits Times was at 3,536, up by 15 points. On the other hand, Japan’s Nikkei 225 and Taiwan Index were trading weak at 19,909 and 9,555 points, respectively in the early trading session.
Overnight, the US stocks ended lower, following which the Asian markets opened on a mixed note. China’s Shanghai Composite was trading at 4,148, up by 13 points; Hong Kong’s Hang Seng was trading above 73 points at 27,635; and Singapore’s Straits Times was at 3,536, up by 15 points. On the other hand, Japan’s Nikkei 225 and Taiwan Index were trading weak at 19,909 and 9,555 points, respectively in the early trading session.
