Opening Bell

Markets are likely to open positive as majority of Asia markets are trading in the northward on the back of the Fed keeping its fund rate at low. US markets rose on Tuesday finish at their highest levels in more than a year and a-half. Dollar marked a decent gain of 0.3% against its counterparts. The much awaited FOMC minute stated that the low interest rates will be kept for an extended period of time. Today markets are likely to trade positive. Nifty support 5350, 5330 and resistance at 5385, 5420.