Technology

Indian markets are likely to open with negative bias tracking the SGX Nifty Asian
markets.
With traders keeping a close eye on developments on Capitol Hill US markets saw
some volatility over the course of the trading session on Friday. The major averages
eventually ended the day on opposites sides of the unchanged line. The volatility on
Wall Street came as the House prepared to vote on a Republican bill to repeal and
replace Obamacare.
The majority of the European markets ended Fridays session with small losses. The
markets were locked in a narrow sideways trend throughout the session. Investors
were reluctant to make any major moves ahead of a crucial vote on U.S. healthcare
reform.
Indian markets rose on Friday although benchmark indexes ended off their days
highs amid caution ahead of a key U.S. vote on healthcare plan due tonight
intended to repeal and replace the Affordable Care Act.

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