Today Indian Markets are likely to open Higher following positive cues from Asian Markets.There might be gap up opening with nifty opening more than 1 percent.Nifty has resistance at 2870 and support at 2740.Markets might be volatile around 2840 levels.On Friday,Indian Markets closed lower after a volatile session.Sensex was down 0.39 percent down 35.07 points to close at 8,966.68 following cues from global markets.NSE closed the day flat with 0.10 percent lower, to settle at 2,807.05.

Asian Markets are trading positive on Monday with Japan's Nikkei 225 Average up 1.99 percent up 158.52 points at 8,104.48.Hong Kong's Hang Seng Index up 2.46 percent up 315.33 points to 13,148.84.Shanghai Composite Index up 1.15 percent up 26.20 points to 2,307.28.

Dow Jones industrial average closed down 1.65 percent down 122.42 points to settle at 7278.38.Nasdaq Composite Index closed down 1.77 percent down 26.21 points to settle at 1457.27.S&P 500 closed down 1.98 percent down 15.50 points to settle at 768.54.

FTSE 100 index closed up 0.68 percent up 25.92 points to 3842.85,Germany's DAX closed up 0.63 percent up 25.28 points to 4068.74,France's CAC 40 closed up 0.51 percent up 14.15 points to 2791.14.

Crude Oil rose to $52.54 a barrel.
Monday,23 March 2009