Indian markets are likely to open flat after witnessing volatility over the last week.
Like other global markets Indian markets will also take a wait and watch approach
before the outcome of US presidential elections.
U.S. markets closed lower Friday marking the SP 500’s longest losing streak since
the depths of the financial crisis Uncertainty over the presidential election outcome
weighed on investors. US market could see sharp movement either side post
outcome of U.S. presidential election.
Indian markets remained weak for the last week amid volatility in the global
markets. The US elections outcome would be a key trigger for global markets and till
then it is very unlikely that the market will see broader participation. Further index
heavy weight like ICICI Bank and SBI will come out with their quarter results during
the week which could lend some directions to the markets.

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