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The Nifty50 is likely to open with a gap on the higher side which could push the index beyond 10600 in the opening tick tracking strong global cues and firm Asian marketsThe Nifty50 is likely to open with a gap on the higher side which could push the index beyond 10,600 in the opening tick tracking strong global cues and firm Asian markets. The Nifty closed 168 points lower at 10,498.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 143.5 points or 1.37 percent. Nifty futures were trading around 10,639-level on the Singaporean Exchange.
The Dow Jones Industrial Average rose 567.02 points, or 2.33 percent, to 24,912.77, the S&P 500 gained 46.2 points, or 1.74 percent, to 2,695.14 and the Nasdaq Composite added 148.36 points, or 2.13 percent, to 7,115.88, Reuters reported.
Asian markets advanced early on Wednesday, retracing losses made in the last session after major U.S. indexes finished their Tuesday session higher. Japan's Nikkei 225 jumped 2.81 percent in early trade following last session's 4.73 percent tumble, CNBC reported.
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