Technology

Indian markets are likely to open flat tracking global indices and SGX Nifty.

The US stocks turned in a lackluster performance throughout much of the trading day Tuesday but came under pressure in the latter part of the session. The major averages all pulled back into negative territory with the techheavy Nasdaq showing a notable drop. The Dow dipped 0.2 percent to 26788 and the Nasdaq slid 0.7 percent to 8104.

The UK stocks rose on Tuesday and the pound fell as investors awaited two crucial Brexit votes in parliament that will determine whether the United Kingdom can leave the European Union at the end of October. The FTSE 100 rose by 0.4 percent to 7193.

On domestic front Indian market fell on Tuesday to snap a sixday winning streak as Infosys shares crashed after whistleblowers accused CEO Salil Parekh of leading an effort to shore up profits through irregular accounting. The benchmark BSE Sensex ended down by 0.8 percent to 38963.

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