U.S Stocks were little changes - Nirmal Bang

U.S. stocks were little changed as investors analyzed minutes from the Fed Reserve's last meeting for signs on when the central bank might slow the pace of stimulus efforts.

Asian stocks rose, with the regional benchmark index on course for the highest close in a month, after Fed Chairman said the U.S. needs stimulative monetary policy for the foreseeable future to buoy a recovery in the world's biggest economy.

Sensex lost over 145 points to close at a fresh one-week low, pulled down by fag-end selling in bluechips, including RIL, M&M and Bajaj Auto, in line with weak trends in Asian and European markets. Investors were seen adopting a cautious stance ahead of key economic data and the first quarter earnings season which will be kicked off by Infosys on Fri. Market is expected to open on a positive note and likely to advance further during the day.

Source : Equity Bulls

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