Indian markets are likely to open positive tracking global indices and SGX Nifty.
U.S. stocks showed a substantial turnaround over the course of the trading session after moving sharply lower at the open. The major averages climbed well off their lows of the session and firmly into positive territory. The Dow Jones jumped up by 1.1% to close at 24264. The NASDAQ ended up by 1.5% to close at 7042.
U.K. stocks extended losses from the previous session amid persisting worries about global trade war. The FTSE 100 was up by 0.1% to end at 7034.
On domestic front Indian shares gave up early gains to end sharply lower on last trading session amid persisting worries about global trade war. The BSE Sensex ended down by 1.1% at 33019.
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