Indian markets are expected to open positively tracking the SGX Nifty and most its
Asian peers.
US stock markets posted its biggest gain in almost two weeks. The markets closed
higher led by shares of financial companies after Citigroup posted strong earnings
growth in its third quarterly results.
European indices rallied after European Central Bank said inflation was missing its
target thus raising speculation that the central bank may increase stimulus
measures in the Eurozone.
Indian markets edged higher snapping three day losing streak. Markets were in the
green led by positive cues from the global markets (Asian and European indices
were up). Public sector companies auto stocks and index heavyweights ITC and LT
led the gains for the market.
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