Indian markets are likely to open flat with a negative bias tracking global markets
and SGX NIFTY. After two trading holidays investors and traders will look forward
for key results during the quarter.
The US markets remained lackluster throughout the day on Wednesday as traders
avoided taking significant positions ahead of the release of the minutes of the latest
Federal Reserve’s meeting.
The European markets closed on a mixed note and remained under pressure amid
cautious move by investors by traders and investors as they waited the details of the
meeting of US Fed.
Indian markets remained lackluster on Monday ahead of festive holidays. While
global events will be key to watch the Indian markets will be more concerned about
key development in the domestic fronts as well as commentary by Tech majors like
TCS and Infosys which are likely to report results during the week.
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