Indian markets are expected to open flat tracking SGX Nifty.
The US markets traded in narrow range on Thursday and the broader indices
remained lackluster. Lack of buying interest resulted in marginally negative closing
for the indices at the end of the day.
European markets closed on a positive note after remaining in negative zone for
three successive sessions. After the recent sell off bargain haunting led to some level
of buying in selective stocks.
Indian markets closed flat on Thursday after showing strength in the last few trading
session. Pharma stocks saw strong buying after Lupin Ltd said it has received
clearance for its Goa plant this led to buying in other pharma companies as well
along with Lupin.
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