Indian markets are expected to open in the red tracking the SGX Nifty and weak Asian cues. US markets closed lower after five consecutive sessions of gains after NYMEX crude oil prices dropped ~4%. Weak Chinese trade data also dampened sentiment as fears of an economic slowdown heightened. Chinese exports tumbled 25.4% yoy in February the biggest fall since May 2009 as against economist forecasts of a drop of 15% and an 11.2% decline in January. European markets started on a weak note on the back of weak Asian cues. They recovered back briefly to trade in the green ahead of the opening of the US markets but quickly slipped back into the red as the US markets pulled back. Investors are also cautious ahead of the European Central Bank meeting on Thursday. Indian Markets ended absolutely flat after choppy trading on the back of weak Asian and European cues. Upstream energy companies such as Cairn and Aban Offshore witnessed some buying led by the spike in crude prices. Reliance In

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