Indian markets are likely to open positive tracking global indices and SGX Nifty.
Largely mirroring the performance seen in the previous session stocks moved to the upside in early trading on Wednesday but showed a lack of direction for much of the rest of the day. The major averages once again finished the day near the unchanged line. A late move to the upside helped the major averages close modestly higher. The Dow inched up 0.1 percent to 34600.38 the Nasdaq edged up 0.1 percent to 13756.33.

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