Indian markets are likely to open negative tracking global cues and SGX Nifty.
U.S. stocks fell Tuesday with the SP 500 dropping for a sixth consecutive session to
end at a nearly fourmonth low as investors grappled with a tightening presidential
race economic data corporate earnings and the Federal Reserve’s monetary policy
decision. The SP 500 index fell 0.7% to close at 2112 while Dow Jones Industrial
Average declined 0.6% to finish at 18037.
U.K. stocks dropped Tuesday with investors starting off November trade by sifting
through more earnings releases and knocking down BP PLC and Standard
Chartered PLC shares after their respective updates. The FTSE 100 finished a choppy
session down 0.5% at 6917 with no sectors finishing higher.
Indian markets closed on a lower note on Tuesday amid volatile trading session
weighed down by defensive sectors like IT FMCG and pharma. However the
downside was limited due to buying among metal shares and favourable core sec

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