Goldennifty says: (9.32AM) Indian equities are likely to open positive on Tuesday, Jan. 03, 2012. SGX Nifty is trading at 4,690 (08.01 a.m.), 39.5 points higher than Monday closing of 4,650.5.
Asian stocks rose as manufacturing growth from Australia, China and India added to optimism the region`s economies will withstand Europe`s unresolved sovereign-debt crisis. Hong Kong`s Hang Seng index advanced by 309.87 points, or 1.68%, to trade at 18,744.30.
European stocks gained on their first trading day this year, as a measure of German manufacturing beat estimates and a gauge of utilities rose. UK`s benchmark index FTSE 100 advanced 5.51 points, or 0.10%, to end at 5,572.28.
In the spot market, the Dollar Index decreased 0.31% to 80.03 (21:23 ET).
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