Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. Stocks are seeing modest strength in morning trading on Tuesday. The major averages have all moved to the upside although buying interest has remained relatively subdued. The Dow Jones ended up by 0.1% to 24276 and the Nasdaq gained by 0.1% to 7542.
U.K. stocks closed higher on Tuesday with investors picking up stocks that were beaten down in the prior sessions selloff which was driven by fresh worries about a potential global trade war. The benchmark FTSE 100 was up by 0.3% to 7537.
On domestic front Indian shares moved in a narrow range before finishing on a flat note Tuesday tracking mixed global cues amid conflicting signals from the Trump administration over proposed restrictions on foreign investment in U.S. technology companies. The BSE Sensex ended up by 0.1% to 35490.Download Full Report