Indian shares are expected to open marginally higher in line with global markets after US President Donald Trump said a trade deal with China is likely to happen soon. Rising oil prices and political uncertainties in the US may cap gains.

On Wednesday, the Sensex ended 504 points lower at 38,593, while the broader Nifty50 index lost 148 points to end the day at 11,440.

Meanwhile, Asian stocks edged up on Thursday as hopes that the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed, reported Reuters.

At 7:20 AM, the SGX Nifty futures traded 24 points, or 0.21 percent, higher at 11,499, indicating a positive start for the Sensex and the Nifty.

Stocks To Watch: Axis Bank, Sterlite Technologies, GSK Pharma in focus Click here to know more



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!