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Indian markets are expected to open in green tracking SGX Nifty. With Fed leaving rates unchanged US markets ended in green. Investors were also encouraged by strong earnings from Gilead Systems and other companies. Fed cited progress in U.S. labor market a sign it remains on course to raise rates at some point this year but it also flagged nagging concern about low inflation which could give some officials pause. U.K. stocks climbed Wednesday notching second day of gains with Barclays Sky and British American Tobacco moving higher after reporting surge in profits. Other European markets France’s CAC and Germany’s DAX 30 index closed in green. Key Indian benchmark Indices snapped fourday losing streak to close marginally higher amid consolidation on Wednesday as investors turned cautious ahead of Fed meet and expiry of July derivatives contracts.Download Full Report