Indian markets are likely to open flat tracking global cues and SGX Nifty.
U.S. indices closed in red after ending the previous session substantially higher.
Selling pressure was somewhat subdued however limiting the downside for the
major averages. The correction came as trader reacted to comments made by
President Donald Trump at rally in Phonix Arizona. Trump pledged to a crowd of
supporters that he would build the controversial wall on the border with Mexico and
said would shut down U.S. Government if congress doesnt fund campaign pledge
to build a wall on Mexican border.
U.K. stocks ended a choppy session little changed on Wednesday as a falling pound
buoyed exporters but the benchmark index still struggled to shake off a downbeat
trend in European equities. The FTSE 100 UKX rose 0.01 percent to close at 7383.
On domestic front a late bout of buying helped Indian shares finish Wednesdays
session on a strong note. Staterun banks soared after the government approv
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