Indian markets, which would open after a gap of one day, are likely to open on a strong note following strong global markets. Among the sectors that have recently underperformed on relative terms, IT stocks are showing a good resumption of momentum on the upside.
India, Taiwan ETFs see record outflows before Asia stock rebound
US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply