Indian markets are likely to open positive tracking global indices and SGX Nifty.
Stocks moved mostly higher over the course of the trading day on Wednesday partly offsetting the modest weakness seen in the previous session. The major averages all closed in positive territory although the techheavy Nasdaq outperformed its counterparts. After ending Tuesday trading marginally lower the Nasdaq climbed 0.6 percent to 13738.00. while the narrower Dow inched up less than a tenth of a percent to 34323.05

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