Market outlook – 10.6.2013
Market may open higher on firm Asian stocks. Asian stocks edged higher on Monday after a report showed the US added more workers than expected. US stocks rose on Friday after US jobs data eased investors' worries that the Federal Reserve may be reducing its stimulus program in the near future. The Labor Department's data showed job gains of 175,000 in May, slightly above the economists' forecast, while the US unemployment rate increased to 7.6% last month from 7.5% in April
Full text available to subscribers only. Subscribe to IndiaFinanceBazaar.com to read the reports from experts.