Intraday Stock Market Analysis and Returns

Indian shares are set to open higher on Wednesday as Asianshares rise for a second consecutive day. The MSCI-Asia Pacific excluding Japan index gains 0.88 percent adding
to Tuesday's rise of 0.6 percent.

NSE index futures traded on the Singapore Exchange rise 0.24 percent to 6,786.5, a 91-point premium to the underlying NSE index close on Monday. Indian markets were closed on Tuesday for a local festival.

Overseas investors bought Indian shares worth 7.03 billion rupees ($116.98 million) on Monday,provisional exchange data shows.($1 = 60.0975 Indian Rupees).

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