Indian Share Market Analysis and Updates
Indian shares are likely to edge higher, tracking firm Asian markets and taking cues from the Wall Street, where the S&P 500 index posted its third record closing high in four sessions.
NSE index futures traded on the Singapore Exchange gain 0.03 percent while the MSCI-Asia Pacific index excluding Japan drops 0.05 percent.
Asian shares edged higher on Friday, catching a lift from another record close on Wall Street, while the dollar groaned under the pressure of slumping U.S. yields.
The S&P 500 index posted its third record closing high in four sessions, as investors shrugged off the first quarterly contraction of the U.S. economy in three years and focused on signs of a strengthening labour market.
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