Indian markets are likely to open negative tracking global indices and SGX Nifty.
US Stocks moved sharply higher during trading on Monday extending the strong
upward move seen over the past few sessions. The continued advance once again
lifted the major averages to their best closing levels in over a month. The Dow and
the Nasdaq moved up by 0.9 percent and 2.6 per cent to 28837 and 11876

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