Indian markets are likely to open negative tracking global indices and SGX Nifty.
U.S. markets closed mostly higher on Wednesday after the Federal Reserve kept
interest rates unchanged. The SP 500 finished 0.16 percent higher at 2579.36
with energy leading advancers.
The European markets ended Wednesdays session in the green. The German DAX
rallied after investors returned to action following yesterdays public holiday. Traders
were encouraged by positive economic data from both China and the United States.
Chinese manufacturing data provided a boost to shares of mining stocks.
Indian markets rose sharply to close at fresh record highs on Wednesday as
encouraging core sector output data stoked optimism about the economy and the
World Banks Doing Business 2018 report ranked India among the top 10
improvers globally in ease of doing business.
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