Indian markets are likely to open flat with a positive bias tracking SGX Nifty.
US markets continued its weakness on Tuesday also; while the NASDAQ remained
flat earnings disappointment by some corporate led to weakness in the Dow Jones.
US President’s new immigration policy also continued to have a negative impact on
the markets.
The European markets closed on a mixed note due to diverse range of earnings
and also some nervousness still was visible as to the future policy action by US
president Donald Trump.
Indian markets remained under pressure during Tuesday. With budget day ahead
nervousness among traders and investors was visible. While the industry expects a
large reform oriented budget any disappointment in the form of higher fiscal
slippages could disappoint the market.
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