The Indian market is set for a positive start on Thursday, tracking the positive trading in its Asian peers as the US Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday. He said the central bank's policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy US economy.

At 07:05 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 1.03 percent at 10,825, indicating a positive opening for the Indian market.

About MarketBuzz

The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.

MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing.

Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!