Indian markets trading strong;
At 1.30 pm, Indian stock markets were trading strong with BSE Sensex up by 160 points at 16840 and NSE Nifty higher by nearly 42 points at 5042.
``Indian stock market is likely to remain volatile. Q312 results are about to out and it is likely that the market may decide its course according to the declared figures by different companies of all the sectors. Geopolitical tensions in Iran will have a impact on the share prices of the Indian Oil and gas companies. Moreover, international markets issues remain one of the major factor in deciding the course of the markets. The Indian currency movement is also one of the important thing needed to be closely watched,`` said Microsec Research.