''Indian markets are expected to open on positive note tracking SGX Nifty and most of Asian markets. Indian indices surged after the government announced liberalization of foreign direct investment (FDI) norms for property development and construction sector,'' according to Angel Broking.
''The trend deciding level for the day is 27,275 / 8,145 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 27,462 - 27,577 / 8,205 - 8,242 levels,'' it said.
''However, if Nifty trades below 27,275 / 8,145 levels for the first half-an-hour of trade then it may correct towards 27,160 - 26,973 / 8,109 - 8,049 levels,'' it added.
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