MARKET LIVE: SGX Nifty hints gap up open for markets, up around 200pts

Markets are likely to open in a positive territory amid exuberant global cues and steady crude oil prices. At 8:01 AM, the SGX Nifty Futures quoted at 16,524 levels, indicating a gap-up of 184 odd-points.

Globally, corporate earnings and lower dollar triggered a fresh rally in the US markets on Tuesday. Dow Jones jumped 2.4 per cent, while the S&P 500 climbed 2.7…