Indian Markets to open positive on Tuesday - TRANS SCAN

The Indian markets are expected to open on a positive note on Tuesday taking cues from global peers. FMCG counters like Godrej Consumer, Dabur and Marico are expected to be in limelight ahead of March quarter results. Sentiment is bullish in FMCG counters after Hindustan Unilever reported a strong volume growth and operating margins.

Overnight, US stock markets closed higher on the back of strong U.S. home sales data and on expectation of some stability in the eurozone following formation of government in Italy.

Major Asian markets are in the green even as the Japan's economy grew lower than expected.

Source : Equity Bulls

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