Indian markets are likely to open positive tracking global indices and SGX Nifty.
Reflecting a positive reaction to the Federal Reserve highly anticipated monetary
policy announcement U.S. stocks ended Wednesday trading mostly higher. With
the upward move the Dow and the SP 500 reached new record closing highs. The
major averages all finished the day in positive territory with the techheavy Nasdaq
showing a significant rebound after moving sharply lower in early trading. The Dow
jumped 0.6 percent to 33015.37 and the Nasdaq jumped 0.4 percent to

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