Technology

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

US Stocks showed a lack of direction over the course of the trading day on Monday. The major averages spent the day bouncing back and forth across the unchanged line before closing mixed. The Dow inched up 0.1 percent to 25516 while the Nasdaq dipped 0.1 percent to 7637.

U.K. Market fell on Monday and the pound was facing pressure as Prime Minister Theresa May fights to stay in power in the face of a reported coup after a government minister warned MPs of a potential general election.
The FTSE 100 was down by 0.2% to 7193.

On domestic front Indian shares sank on Monday as global growth worries weighed on investors risk appetite globally. The benchmark BSE Sensex was ended down by 0.9% to 37808 at the end of trading session.

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