Indian markets are likely to open positive tracking global indices and SGX Nifty.
US Stocks showed a strong move to the upside during trading on Thursday
extending the rally seen earlier in the week. With the upward move on the day the
Nasdaq and the SP 500 ended the session at new record closing highs. The Dow
closed up by 1.1 percent to 31055 and the Nasdaq closed up by1.2 percent to

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