Indian markets are likely to open Positive tracking global cues and SGX Nifty.
U.S. stocks closed higher Tuesday with Dow and NASDAQ turning in their best
session in the months. The upward movement supported by technology shares and
health care stocks. Further rally pushed up after a report from politico said Trupms
top aides and congressional leaders have made significant strides in shaping a tax
The Dow advanced 0.9 percent to 21899 the NASDAQ surged up 1.4 percent to
6297 and the SP 500 jumped 1 percent to 2452.
U.K. stocks snapped a threesession losing streak Tuesday bolstered by gains for
miners and home builder Persimmon PLC after wellreceived financial updates. The
FTSE 100 UKX rose 0.9% to close at 7381 logging its biggest oneday percentage
gain since July 12.
On the domestic front indices could not carry initial upward momentum and ended a
range bound session marginally higher. The indices supported by somewhat eased
Tension on Korean pen

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