Indian markets are likely to open negative tracking global indices and SGX Nifty.
U.S. stocks continued to experience choppy trading on Thursday following the lackluster performance seen in the previous session. The Dow Jones fell by 0.3% to 25657and the Nasdaq was down by 0.1% to 7878.
U.K. shares were flat yesterday with investors making cautious moves trying to figure out the likely impact of the country making a nodeal exit from EU. The British government is due to release the first round of documents that will detail the expected impact of a nodeal Brexit. The benchmark FTSE 100 dipped by 0.2% to 7563.
On domestic front Indian stocks ended on a positive note Thursday with the Sensex and the Nifty50 posting fresh intraday and closing highs on fairly strong buying in several top notch shares. The market started off on a buoyant note with the key indices vaulting to new highs but faltered soon as investors chose to take some profits amid muted global cues The BSEDownload Full Report