Indian markets are likely to open negative tracking global indices and SGX Nifty.

U.S. Stocks moved modestly higher over the course of the trading session on Monday. With the upward gains on the day the Dow and the SP 500 reached their best closing levels in three months. The Dow Jones was up by 0.1% to 25316 and the Nasdaq ended up by 0.2% to 7645.

U.K. stocks posted their best session in nearly two weeks buoyed as the pound pulled back in value and as investors took on risk ahead of what’s set to be a historic meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un. The benchmark FTSE 100 was rose by 0.7% at 7731.

On domestic front Indian shares market stayed high up in positive territory till a couple of hours past noon but suddenly lost its momentum and very nearly plunged into the red as investors turned cautious ahead of some crucial economic data. The BSE Sensex was ended up by 0.1% to 35483.

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