Indian Markets expected to open higher on Wednesday - TRANS SCAN

The Indian markets are expected to open higher on Wednesday tracking positive Asian markets. The index is also expected to test its key psychological level of 5800.

Overnight, US Stocks ended higher with the Dow Jones industrial average hitting a record closing high breaking through levels last seen in 2007.

Asian share extended gains on strong US cues supported by signs of recovery in US economy and globally accommodative monetary conditions. The Bank of Japan, the Bank of England and the European Central Bank all hold their policy meetings on Thursday.

Source : Equity Bulls

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