The strong fundamentals, quarterly earnings, and mostly because of the liquidity the bulls have taken over the equity market.
The US market will remain closed on Monday on account of Labor day and there was not much movement in Friday's trading session
"Considering the present market conditions, short-term investors should keep strict stop loss"
Milan Vaishnav of Gemstone Equity Research and Advisory said that the Indian equity market has been showing a lot of strength at present.
The current relaunch of the EM bull market is accompanied by stalled trends in the US dollar.
Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 24 points at the opening bell.
Asian stocks are trading mixed on Thursday as Australia reported a higher-than-expected trade surplus in July.
India's real GDP grew by 20.1% in the April-June quarter of the fiscal year 2021-22, a record quarterly print on the back of low base.
Rahul Shah of Motilal Oswal said the flow of money moving from primary to the secondary sector will give further direction to the market.
China's factory activity grew at a slower pace in August as PMI for August came in at 50.1, against July's reading of 50.4.