Market likely to open mildly positive; Tata Steel, Eicher Motors in focus
The Indian market looked set to open positive on Wednesday, maintaining the previous session's recovery, but trading is likely to be cautious ahead of the Reserve Bank of India's monetary policy review later this week.
At 7:25 AM, the SGX Nifty was trading at 10,994 levels as against its low of 10,960, indicating a mildly positive start for the market.
Investor sentiment were weighed down by rising crude oil prices, falling rupee and the ongoing US-China trade skirmish.