Indian markets are likely to open negative tracking global indices and SGX Nifty.
U.S. stocks showed a lack of direction over the course of the trading day. The major averages spent the day bouncing back and forth across the unchanged line before closing mixed. The Dow Jones climbed to 0.5% to close at 24874. The NASDAQ dropped down by 0.2% to close at 7482.
U.K. stocks finished with a slight gain helped by advances for supermarket giant Tesco PLC after a ratings upgrade. The FTSE 100 was up by 0.1% to end at 7140.
On domestic front Indian shares ended lower with investors indulging in some brisk selling past mid afternoon amid lingering concerns over the impact of a trade war on the global economy and on mostly weak cues from the U.S. and Asian markets. The BSE Sensex ended down by 0.4% at 33686.Download Full Report