The 50-share Nifty index is expected to open higher on Tuesday following positive trend seen in other Asian markets. Tracking the momentum, the index may reclaim its crucial psychological level of 8,150-8,200 in trade today.
At 08:00 A.M., Nifty India stock futures in Singapore were trading 64 points higher at 8,204 indicating a gap up opening on the domestic market.
Benchmark indices surpassed their crucial resistance levels on Monday signalling strength in the market. The S&P BSE Sensex rose 564.60 points to 26,785.55, while Nifty closed 168.40 points higher to close at 8,119.30.
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