Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. stocks continued to show a lack of direction during trading on Monday. The Dow Jones fell by 0.1% to 25044 and the Nasdaq rose by 0.3% at 7841.
U.K. stocks were modestly lower after the weekends G20 meeting of finance ministers in Argentina did little to allay fears of a global trade war and Brexit secretary Dominic Raab warned a no deal Brexit is possible if talks fall through by October. The benchmark FTSE 100 was down by 0.4% to 7653.
On domestic front Indian shares rose notably on Monday as a victory for the NDA government in the notrust motion held in the Lok Sabha on Friday and some positive news on the GST front helped investors shrug off mixed earnings news and weak cues from global markets. The BSE Sensex was up by 0.6% to 36719.Download Full Report