Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. indices were mixed in Wednesday; however tech stock rebounded after recent
sell off. The lackluster movement largely owing to uncertainty about the economy
impact of the republican tax reform plan. President Donald trump announcement of
recognizing Jerusalem as a capital of Israel weighed the market. The NASDAQ rose
0.2% to close at 6776 the Dow dipped 0.2% to finish at 24141 and the SP 500
edged down a tenth of % to end at 2629.
U.K. top share index was lifted from a twomonth low on Wednesday as Brexit
negotiations dented the pound. FTSE 100 index rose 0.5 percent to finish at 7364.
On domestic front indices fell notably on Wednesday after the Reserve Bank of
India left its key interest rates unchanged as widely expected saying the risks are
evenly balanced and inflation would be in the region of 4.3% to 4.7% in the third
and fourth quarters of this year. The BSE Sensex fell 0.63%

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