Traders did not spot any Reserve Bank of India (RBI) intervention in the session on Wednesday after the central bank was widely seen as having sold dollars in each of the four previous sessions.
Asian markets traded mixed Thursday buoyed by positive data points from the US, which is the world's biggest economy. US stocks have been in an uptrend as home sales data signal some revival in the economy.Indian stocks are likely to react positively to PM Manmohan Singh's comments on the economy yesterday. The PM also hinted at corrective action on some of the retrogressive tax amendments introduced in this year's Budget, which coul...