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Nifty50 is likely to open higher on Thursday following positive trend seen in other Asian markets. The Nifty50 closed 27 points lower on Wednesday at 10,980.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 30 points or 0.27 percent. Nifty futures were trading around 11,012-level on the Singaporean Exchange.
The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season, said a Reuters report.
Asian shares register moderate gains on Thursday trade, taking cues from Wall Street's overnight advance as investors there parsed through stronger-than-expected corporate earnings
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