Indian markets are likely to open Negative tracking global indices and SGX Nifty.
US Stocks moved mostly lower over the course of the trading day on Wednesday extending the pullback seen in the previous session.. The techheavy Nasdaq showed another particularly steep drop tumbling to its lowest closing level in nearly two months. The Dow fell 0.4 percent to 31270.09 and the Nasdaq plunged 361.04 points or 2.7 percent to 12997.75
