Technology

Indian markets are likely to open positive tracking global indices and SGX Nifty.

US Stocks moved sharply higher over the course of the trading session on Monday following the notable pullback seen last week. While the major averages all moved to the upside the Dow underperformed its counterparts due to a steep drop by Boeing (BA). The Dow edged up 0.8 percent to 25651 while the Nasdaq surged 2.0 percent to 7558.

U.K. markets ended higher on Monday due largely to reports that Deutsche Bank and Commerzbank are in talks for a merger. Investors were also looking ahead to the vote on a Brexit deal by the U.K. lawmakers on Tuesday. The FTSE 100 was up by 0.4% to 7131.

On domestic front Indian shares rallied on Monday to hit their highest level in 2019 after a nationwide opinion poll showed that the ruling party alliance led by Narendra Modi would sweep a majority of parliamentary seats up for grabs in the general election starting April 11. The benchmark BSE Sensex soared by

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