Indian markets are expected to open on a Negative note tracking the SGX Nifty and
most Global markets.
Following most global markets US markets opened weak and ended in the negative
zone citing weak global commodity prices and poor exports data from China.
The European markets closed in negative territory on Tuesday on weak oil prices
and unimpressive data out of China where the exports declined for fifth straight
Indian extended losses on Tuesday tracing weakness in global markets and poor
exports data from China hinting towards weak global demand. Continued selling by
FIIs also added to the weakness in Indian markets.

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