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Indian markets are likely to remain flat tracking the SGX Nifty global cues.
After spending much of the day in negative territory the major US markets ended
Wednesdays trading mixed following the Federal Reserves monetary policy
announcement. While the Dow managed to creep into positive territory the Nasdaq
pulled back off yesterdays record closing high. The mixed close by the major
averages came following the Federal Reserves widely expected decision to leave
interest rates unchanged.
The European markets ended Wednesdays session with mixed results. Investors
remained cautious ahead of policy decision from the Federal Reserve. The Fed is
widely expected to leave rates unchanged but investors kept an eye out for clues
regarding future rate hikes. Traders are also looking forward to the release of the
U.S. jobs report for April on Friday.
Indian markets ended a lackluster session largely unchanged on Wednesday as
investors awaited a televised debate between Frances pre

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