Indian markets are likely to open with positive bias tracking the SGX Nifty.
Following the strength seen in the previous session US market turned in a lackluster performance during trading on Wednesday. The major averages eventually finished the day on opposite sides of the unchanged line. The choppy trading on Wall Street came as traders seemed reluctant to make any significant moves amid continued uncertainty about President Donald Trumps policy agenda following the failure of the Republican health care bill.
The European markets ended Wednesdays session with modest gains. The markets got off to a positive start but pared their gains ahead of todays announcement from the U.K. Traders reacted to the news that Article 50 had been triggered with relative calm in the afternoon.
Indian markets rose for a second consecutive session on Wednesday and the rupee hit a 17month high to breach the 65mark against the dollar on strong capital inflows as the muchawaited GST Bill discussion s
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