Indian markets are likely to open in flat tracking global indices and SGX Nifty.
U.S. stocks hit record highs Thursday as the SP 500 completed its longest winning
streak in four years. The broad index gained 0.6 percent to 2552.07 notching
intraday and closing records. It was also posted an eightday winning streak its
longest since 2013. The SP 500 also had its sixth straight record close the longest
such streak since 1997.
The majority of the European markets ended Thursdays session with modest gains.
However after being stuck in a sideways pattern throughout the day the markets
finished little changed overall. Traders were in a cautious mood as they continue to
monitor the developments in Spain following Catalonias independence vote.
Investors are also awaiting the release of the U.S. jobs report for September on
Indian Markets gave up early gains to end lower on Thursday snapping a fourday
winning streak. The downside however remained limited after

Download Full Report View Full Report in Browser