Global rally seen supporting Indian stocks
In short
Indian stocks are expected to stay strong as global markets rally. The BusinessLine Markets summary says investors may cheer FPI returns and keep an eye on US data and corporate results.
What the reporting says
Indian stocks are expected to see bullish momentum continue as global markets rally, according to a BusinessLine Markets summary.
Why it matters
Indian stocks are expected to benefit from a broader global rally, with market participants also watching FPI returns, US data and corporate results. The near-term implication is a supportive tone for Indian equities, but the scale of the move is unknown.