''Indian markets are likely to open positive today, tracking global cues. In the near term, markets will track the Fed Chair's testimony, progress of monsoon and the earnings season that begins this week,'' said ICICIdirect.
Domestic markets ended in the positive territory with supporting global cues and gains in auto, telecom and technology stocks ahead of the earnings season.
US markets ended modestly in the green as traders remained reluctant ahead of the Federal Reserve chairperson's semi-annual testimony before the Congress.
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