Indian markets are likely to open on a flat note tracking SGX Nifty and global indices.
US stock markets were closed on Tuesday on the occasion of July 4th US Independence Day. Meanwhile North Korea launched another ballistic missile in the direction of Japan escalating standoff with the United States. The United States condemned the testlaunch firing warning missiles and vowing to hold the regime accountable at the United Nations.
The U.K. stock markets ended the day in red as oil and mining stocks succumbed to profit taking after sharp gains the previous day. The benchmark FTSE 100 closed down 0.3 percent at 7357. European stocks fell slightly on Tuesday as fresh tensions on the Korean peninsula prompted traders to book profits after strong gains in the previous session.
Indian shares succumbed to profit taking on Tuesday as tension escalated in Korean peninsula. The benchmark BSE Sensex ended down 0.04 percent at 31210 while the broader Nifty index finished down 0.02 percen
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