Indian markets are likely to open on positive note tracking SGX Nifty and global
U.S. stocks closed higher on Wednesday with the Dow industrials setting its first
closing record in nearly a month as Federal Reserve Chairwoman Janet Yellen
emphasized the central banks gradual approach to normalizing monetary policy
and expressed optimism about the economy in congressional testimony. The Dow
Jones Industrials average closed up 0.6% at 21532 its first new closing high since
June 19.The SPX500 advanced 0.7% to finish at 2443.Meanwhile the Nasdaq100
rose 1.10% to close at 6262 for a fourth straight day of gains.
U.K. stocks gained by the most since April after FED chairwoman suggested interest
rates wont need to rise much further to put monetary policy on a neutral footing. A
gain for luxurygoods maker Burberry Group PLC also contributed to the push
higher on the FTSE 100. The London benchmark UKX climbed 1.2% to close at
Domestic front Equity benchma

Download Full Report View Full Report in Browser