Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. stocks moved back to the downside during the last trading session. The weakness on Wall Street came amid geopolitical concerns after President Donald Trump warned Russia get ready for missiles being launched at Syria. The Dow Jones ended down by 0.9% to close at 24189. The NASDAQ ended down by 0.4% to close at 7069.
U.K. stocks were marginally lower with concerns over rising tensions in Syria and weak industrial output data weighing on markets. The FTSE 100 was down by 1.0% to end at 7257.
On domestic front Indian shares eked out modest gains despite rising oil prices and mounting tensions in the Middle East. With tradewar worries easing somewhat traders looked ahead to Infosys earnings and macroeconomic readings on industrial output and retail inflation due on Thursday for direction. The BSE Sensex ended up by 0.2% at 33940.Download Full Report