Indian markets are likely to open flat tracking global indices and SGX Nifty.
US Stocks showed a lack of direction over the course of the trading day on Wednesday extending the volatility seen late in the previous session. Eventually the major averages ended the session slightly lower. The Dow edged down 3.12 points or less than a tenth of a percent to 26449.54 the Nasdaq slipped 4.15 points or 0.1 percent to 7996.08 and the SP 500 dipped 6.61 points or 0.2 percent to 2900.45.
U.K. markets ended mostly higher on Wednesday with investors reacting positively to Eurozone and Chinese economic data. Investors were also looking for news on Brexit and trade talks front. Among the major markets in Europe the U.K. ended just marginally up. Germany and France closed on a firm note with their benchmarks DAX and CAC 40 rising 0.43% and 0.62% respectively. Switzerland SMI ended up 0.17%
On domestic front Indian Indian financial markets remained closed yesterday on account of Mahavir
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