Indian markets are likely to open positive tracking global indices and SGX Nifty.
Stocks came under pressure going into the close of trading on Wednesday but managed to end the day mostly higher. The techheavy Nasdaq posted a particularly strong gain amid a rally by technology stocks. The rally by technology stocks may partly have reflected window dressing on the final day of the first quarter as the techheavy Nasdaq underperformed the Dow and the SP 500. The Nasdaq jumped 1.5 percent to 13246.87 and the narrower Dow fell to 0.3 percent to 32981.55
