Stock Market Opening News: Nifty Likely To Open Up

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Domestic and global cues indicate a green opening for the Nifty on Wednesday. SGX Nifty was trading at 7,972 level, up 7.50 point at 7:43 AM. On Tuesday, market staged a spectacular comeback after a sluggish start. Nifty rallied over 100 points led mainly by largecaps and banks. Fourth quarter earnings of telecom giant Bharti Airtel and YES Bank will be closely watched today. In global markets, US stocks closed mixed with energy leading ahead of the US Federal Reserve’s crucial meeting. However, Nasdaq 100 futures fell more than a percent in after-trade on back of disappointing earnings from Apple.

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