Indian markets are likely to open with a flat to positive bias tracking the SGX Nifty.
U.S. market closed mixed on Wednesday as Wall Street eagerly awaited a vote on
the Houses health care proposal and monitored oil prices.
The European markets ended Wednesdays session firmly in negative territory. After
getting off to a weak start the markets remained locked in a sideways trend
throughout the session. Some disappointing regional data soured the mood among
investors but concerns over the policies of U.S. President Trump also contributed to
the weak performance.
Sluggish global cues coupled with profit taking after recent sharp gains led to heavy
selling on Wednesday dragging Indian markets down about 1 percent.
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