Indian markets are expected to open on Positive note tracking SGX Nifty and most of
the Global markets.
US markets inched higher to close on a positive note on the back of encouraging
ADP employment data and uptick in oil prices. Also commentary from the Beige
book released by Fed indicated that economic activity expanded across most districts
since the previous Beige Book. All these positives indicate that US economy is
regaining momentum and as a result U.S. markets closed in green.
Majority of the European market indices ended in green. Financial and Resource
stocks were amongst the best performers on Wednesday. Stocks pared some of its
early gains in response to mixed regional data. While Eurozone producer prices fell
at slowest pace in 5 months in Jan matching estimates British construction activity
unexpectedly hit 10month low in Feb defying economists expectations of modest
improvement. FTSE was down 0.1%.
Bulls continued to take charge of the benchmark indic

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