GLOBAL MARKETS ROUNDUP
Japanese stocks rose on Wednesday as investors held out hope for more robust growth after Prime Minister Shinzo Abe delayed a tax hike and called an early election to seek a fresh mandate for his aggressive policies to shore up the economy.

The BSE Sensex was up 0.30 percent, or 74 points, to 28,237 while the NSE Nifty opened 0.17 percent, or 14 points, higher to 8,442.

LOCAL MARKETS PREVIOUS CLOSE
• BSE index 28,163.29 (down 0.05 pct)
• NSE index 8,425.90 (down 0.06 pct)
• Rupee 61.74/75 per dlr (61.73/74)
• 10-year bond yield 8.15 pct (8.18 pct)
• 5-year OIS rate 7.38 pct (7.43 pct)
• 1-year OIS rate 7.99 pct (8.02 pct)
• Call money 7.80/7.90 pct (8.10/8.20 pct)

Global Market Snapshot:
Markets witnessed hay wire movements as per different asset classes were concerned with Bullion managed decent gains, equities too added weight though base metals and in energy prices inched lower. In terms of currencies, USDX was largely ranged though moved modestly in loss during late evening trade on Tuesday as Euro currency stepped up though losses in the US Dollar were stemmed amidst weakness in the GBP and the Yen.

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