Indian Markets are likely to open higher today - TRANS SCAN

The Indian markets are likely to open higher tracking positive Asian markets. Tracking the momentum the index might test its crucial psychological level of 6150 in trade today. At 07:30 a.m., Nifty India stock futures in Singapore were trading 25 points higher at 6145, indicating a soft opening on the domestic market.

Overnight, US stocks ended higher with the Dow and the S&P 500 closing at new all-time highs after Federal Reserve officials' comments eased some concerns around the stimulus program.

Major Asian markets edged higher ahead of the outcome of the Bank of Japan's (BOJ) policy meeting. Tokyo's Nikkei gained 0.9 percent, breaking above 15,500 for the first time in over five years.

Source : Equity Bulls

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