Technology

Indian markets are likely to open flat tracking the SGX Nifty and Asian markets.
US markets had a flat session during yesterdays session. Stocks benefited initially from a positive reaction to the release of the details of the plan to repeal and replace Obamacare. Healthcare stocks gave a strong move to the upside initially but lost ground as the indices moved lower during the session.
UK stocks were dragged lower as crude prices continued their decline with brent crude futures trading below 45 per barrel. Energy major Tullow Oil lost 1.6 percent while Royal Dutch Shell and BP Plc dropped about 1 and 0.6 percent respectively. Miners lost ground with Glencore losing more than 1 percent.
Indian markets gave up gains from early in the session to close flat. Most sectoral indices closed in the red at the end of Thursdays session. The biggest losing indices for the session were the Oil gas and the metal index. They were down 1.79 and 1.35 percent respectively.

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