Markets action for the day
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a gap-up opening for the index in India with a 40 points gain. Sensex closed 1030 points, or 2.07 percent, higher at 50,781.69 while Nifty jumped 274 points or 1.86 percent to 14,982. BSE Midcap and Smallcap indices closed 0.77 percent and 1.08 percent higher, respectively. Markets have respected the 20DMA averages and a firm grip on them. The index now is about to reach all times…