Indian markets are likely to open in green and may remain flat tracking SGX Nifty
and Asian indices.
After ending the previous session roughly flat US stocks market continued to turn in
a lackluster performance during trading on Tuesday. The choppy trading on Wall
Street came as traders expressed uncertainty about the nearterm outlook for the
markets after the Dow and SP 500 reached record highs.
The European markets ended Tuesdays session firmly in negative territory. Mixed
corporate earnings results weighed on investor sentiment as well as the
strengthening of the Euro.
Indian share market tumbled on Tuesday amid heavy selling in consumer stable
stocks after the GST council increased compensation cess on cigarettes.
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