Mumbai: Indian markets are expected to rise on firm global equities support. China’s trade data due later in the day will be keenly watched for the impact of the Sino-US trade war. Back home, DHFL and other housing finance companies will be watched out as default in its debt repayment, last week, hit banks and fund houses which have exposure to its debt. Globally, improved risk sentiment helped lift the dollar against the yen 0.15% to 108.38 yen. The offshore yuan traded at 6.9385 yuan per dollar, having hit a seven-month low of 6.9616 on Friday.

Source: Mint June 10, 2019 03:00 UTC