Indian markets are expected to open on a flat note tracking the SGX Nifty and
Global markets.
U.S. stocks rallied sharply Thursday as a rebound in oil prices allowed the main
indexes to claw back much of the steep fall seen in the previous session.
European market ended Thursdays session in the red but pared its losses in late
trade. The late recovery was sparked by the market reversal in the U.S. after a rally
in the energy sector.
Indian markets pared early losses to end off their days lows on Thursday after IT
heavyweight Infosys beat Street estimates for the third straight quarter and revised
dollar revenue growth guidance upwards.
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