Technology

Indian markets are likely to open in positive note tracking SGX Nifty and Global
markets.
The modestly higher close on US market came following the release of the minutes
of the Federal Reserves latest meeting which suggested that officials were mixed
about the outlook for monetary policy.
The European markets were slightly lower Wednesday amid consternation about the
upcoming Federal Reserve minutes.
Indian markets fell for a second consecutive session Wednesday as IT stocks
continued to bleed in reaction to Royal Bank of Scotlands decision cancelling a
300m contract with Infosys. Further weak global cues also dented investor
sentiment as investors looked ahead to minutes of the Feds July policy meeting
scheduled for release tonight for clues on the probability of the next Fed rate hike.

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