Indian markets are likely to open positive tracking global indices and SGX Nifty.
U.S. stocks ended lower on Monday with investors largely making cautious moves as they looked ahead to earnings season and the release of some crucial economic data this week. Despite the pace of vaccination gathering momentum in the U.S. worries about a surge in coronavirus cases in several countries across the world and likelihood of fresh lockdown measures at several places weighed on sentiment. The major averages all ended in negative territory although the downside was not any significantly pronounced. The Dow ended down 0.16 percent at 33745.40. and the techladen Nasdaq settled lower by 0.36 percent at 13850.00

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