Markets may rise at opening bell

The Indian benchmark indices on Wednesday opened the session on a tepid note and, thereafter, indices started to display weakness, and in the second half of trading session, the indices were locked in a narrow range. The NSE’s 50-share broadly followed index Nifty slipped about 20 points to settle at 9491 at the close, while the Bombay Stock Exchange’s Sensitive Index, or Sensex, ended lower by 124 points to settle at 30,834.

European markets ended Wednesday's session in the red, adding to the losses of the previous session. The DAX of Germany dropped 0.19 per cent and the CAC 40 of France fell 0.11 per cent. The FTSE 100 of the U.K. declined 0.63 per cent.

The US stocks edged higher on Wednesday led by a rally in financial and technology stocks. The tech-heavy Nasdaq Composite Index rose 88 points to 6,234, recording its biggest one-day gain since November 7. The S&P 500 jumped 21 points to end at 2,441, while the Dow Jones Industrial Average gained 144 points to end at 21,455.
 
Asian shares are trading in the positive terrain in early trade on Thursday. Japan’s Nikkei 225 has moved higher by 104 points; Hong Kong’s Hang Seng has jumped 175 points, while China’s Shanghai Composite is trading up by 4 points.
 
At 8:07 am, SGX Nifty index is trading with gains of 26 points at 9,528, indicating a positive start for Indian indices. One can expect some volatility in today’s trading session as we have June series Future and Option expiry.