Thursday, the Indian market may open higher on favorable overseas
cues. Further, robust June sales reported by car manufacturers,
signs of a strong revival in monsoon rains and signals that the
fuel price deregulation is very much on the government's agenda may
add to the positive sentiment, but volatility may persist as
investors choose to trim their positions ahead of the announcement
of budget on Monday. Investors look forward to the inflation report
and the Economic Survey, which will be tabled in the Parliament
today.
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