Technology

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

The US stocks moved mostly lower over the course of the trading session on Tuesday. The major averages pulled back well off their highs of the session and into negative territory. Dow slid 0.5 percent to 25777 and the Nasdaq fell 0.3 percent to 7826.

The UK stocks drifted lower on Tuesday with Asiafocused financial companies coming under selling pressure after protests turned violent in the western New Territories district of Tsuen Wan area of Hong Kong over the weekend. The FTSE 100 was down by 0.2 per cent to 7081.

On domestic front Indian shares ended a choppy session higher for the second day running on Tuesday after the Reserve Bank of India decided to transfer Rs 1.76 lakh crore from its reserves and surplus to the government. The benchmark BSE Sensex ended up by 0.4 percent to 37641.

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