Indian markets are expected to open on Negative note tracking SGX Nifty. Indian indices edged higher led by blue chips on continued hopes the central bank would follow other countries such as Japan and China in easing monetary policy to boost economic growth,'' according to Angel Broking.
''The trend deciding level for the day is 28,373 / 8,472 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 28,484 - 28,581 / 8,504 - 8,533 levels,'' it said.
''However, if Nifty trades below 28,373 / 8,472 levels for the first half-an-hour of trade then it may correct towards 28,275 - 28,164 / 8,443 - 8,410 levels,'' it added.
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