Sensex, Nifty Likely To Have A Positive Opening

Asia equities are set for a sluggish open after Wall Street pulled back from record highs as investors eye the upcoming earnings season for more signs of a recovery

The domestic stock markets are likely to open in the green, going by early indications from SGX Nifty futures trading. Trends on SGX Nifty indicate a positive opening for the index in India, with a 37-points gain. At 7:30 am, the Nifty futures were trading at 14,782, higher by 37 points or 0.28 per cent, on the Singapore Stock Exchange. Asia equities are set for a sluggish open on Wednesday after Wall Street pulled back from record highs reached in previous sessions, as investors eye the upcoming earnings season for more signs of a recovery following a series of strong U.S. economic data. Japan's Nikkei 225 futures fell 0.1 per cent, while Australian S&P/ASX 200 futures rose 0.04 per cent. The S&P 500 slipped on Tuesday but stayed near closing record highs posted in consecutive sessions, as investors weighed more strong U.S. economic data against nervousness about upcoming quarterly earnings reports.