Indian markets are likely to open positive tracking global indices and SGX Nifty.
U.S. stocks closed higher on Thursday staging a strong comeback after suffering losses in the previous three sessions. Investors largely shrugged off concerns about inflation and possible monetary tightening by the Federal Reserve. The major averages all ended with strong gains. The Dow advanced 1.29 percent to settle at 34021.45 after hitting a high of 34181.77. while the tech laden Nasdaq closed higher by 0.72 percent at 13124.99

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