SGX Nifty:
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 12 points at the opening bell.
Global markets:
Overseas, Asian stocks are trading lower as investors await the release of private surveys on services activity in China and Japan.
US stock markets remained closed on Tuesday as Wall Street observed a public holiday on the account of US independence day.
Traders are now looking ahead to the release of the minutes of the Fed's last policy meeting later on Wednesday and the non-farm payrolls report on Friday.
Domestic markets:
Back home, shrugging mixed global cues, the domestic equity benchmarks advanced for the sixth consecutive day on Tuesday. Strong foreign fund flows and encouraging Q1 business updates supported the momentum on Dalal Street. The barometer index, the S&P BSE Sensex rose 274 points or 0.42% to 65,479.05. The Nifty 50 index added 66.45 points or 0.34% to 19,389.
Foreign portfolio investors (FPIs) bought shares worth Rs 2,134.33 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 785.48 crore in the Indian equity market on 4 July, provisional data showed.
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