Indian markets are likely to open flat tracking global indices and SGX Nifty.
The US markets rose for the 2nd day during the week largely driven by financial
services companies amid hopes that there would be more tax reform by the year
end. Tech stocks were also in limelight backed by the Apple’s highly anticipated
product launch. Apple launched a series of new product including the iPhone8. With
reducing geopolitical tension the US market also seems will remain in a positive
territory for the next couple of treading session. Majority of the European markets
ended the day with decent gain amid positive US markets and reducing geopolitical
concerns.
Indian markets continued their upward journey and ended the day with strong
gains. Positive global cues together with reducing geopolitical concerns attracted
investors and traders in the domestic market. However the retail inflation which
has started inching up might be a cause of concern for the near term for the
markets. Nev
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