Indian markets are expected to open positively tracking the SGX Nifty and its Asian
U.S. markets rose for the second consecutive day as a surge in the oil prices led to
gains in the energy stocks.
European shares rose with the benchmark Stoxx Europe 600 gaining about 3%. The
indices broke a five session losing streak helped by rally in the oil and gas shares
due to rebound in the oil prices.
Indian shares closed in the green for the second consecutive day. The market took
positive cues from the European indices which surged on account of rebound in the
crude oil prices.

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