Technology

Indian markets are likely to open positive tracking global indices and SGX Nifty.

The US stocks showed a strong move to the upside during trading on yesterday adding to the modest gains posted in the previous session. The upward move on the day lifted the major averages to new record closing highs. The Dow and the Nasdaq rallied upwards by 0.9 per cent each to 29551and 9726 respectively.

UK stocks eked out modest gains on Wednesday amid hopes the corona virus outbreak in China may be starting to plateau. The benchmark FTSE100 rose by 0.6 per cent to 7493.

On domestic front Indian shares rose on yesterday in tandem with their global peers amid hopes the corona virus outbreak in China may be starting to plateau. The benchmark BSE Sensex surged by 0.9 percent to 41556.

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