Indian markets are likely to open negative tracking global indices and SGX Nifty.
U.S. Stocks came under pressure over the course of the abbreviated trading session on Tuesday. The major averages pulled back off their highs of the session and into negative territory. The pullback by stocks came amid lingering trade concerns as tariffs on billions of dollars worth of U.S. and Chinese goods are set to take effect later this week The Dow Jones was down by 0.5% to 24174 and the Nasdaq fell by 0.9% to 7503.
U.K. stocks were modestly higher yesterday even as caution prevailed ahead of the July 6 deadline for the Trump Administrations planned imposition of tariffs on Chinese imports. The benchmark FTSE 100 was up by 0.6% to 7593.
On domestic front Indian shares could end higher on Tuesday with the help of Gains in pharma and auto stocks although rising oil prices and caution ahead of the July 6 deadline for the Trump Administrations planned imposition of tariffs on Chinese imporDownload Full Report View Full Report in Browser