Indian markets are likely to flat tracking SGX Nifty and global indices.
US markets were mixed yesterday as Federal Reserve policy meeting minutes
indicated that the reduction in the central bank’s economyboosting balance sheet
could begin soon. The Dow edged down 1.10 points or less than a tenth of a
percent to 21478 the Nasdaq climbed 0.7 percent to 6151 and the SP 500 rose
0.2 percent to 2433.
The UK market ended a wobbly Wednesday trading session slightly higher with
investors taking a cautious approach after weakerthanexpected data on the key UK
services sector as well as rising geopolitical tensions over North Korea. The FTSE
100 rose 0.1% to 7368 after swinging in and out of losses throughout the session.
The London benchmark on Tuesday declined 0.3% the fifth decline in six sessions.
In the domestic markets the benchmark Sensex inched up 0.11% to close at 31246
as domestic institutional investors stuck to unabated buying in rangebound trade on
Wednes
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