Indian markets are likely to open NEGATIVE tracking global indices and SGX Nifty.
Stocks showed a significant move to the upside during trading on Monday as trading resumed following the long holiday weekend. With the upward move on the day the Dow and the SP 500 reached new record closing highs. The major averages all closed firmly in positive territory. The Dow jumped 373.98 points or 1.1 percent to 33527.19 the Nasdaq spiked 225.49 points or 1.7 percent to 13705.59.

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