Sensex, Nifty Seen Opening Up On Firm Global Cues
From Nasdaq:
Shares in India look set to open on a positive note Tuesday after a long holiday weekend, with Reliance Industries, Hindustan Unilever, and other prominent companies due to report their quarterly earnings results. Key world events this week include the Federal Reserve’s PCE price index, U.S. Q4 GDP release, and earnings from companies like Intel, IBM Corp. Asian stocks traded mostly higher, and Japanese shares extended gains ahead of the Bank of Japan’s policy decision. U.S. stocks closed higher on Monday amid optimism about the outlook for earnings, with the S&P and Dow setting new records. European stocks closed higher on Monday ahead of key economic readings and central bank meetings due later in the week.
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