Indian markets are likely to open negative taking global cues
After early gains US markets ended mixed following a steep drop Tuesday and a
threesession bout of heightened volatility sparked by fears of rising interest rates.
The European markets ended Wednesdays session with mixed results following 4
straight days of losses. The markets fluctuated between gains and losses over the
course of the day in choppy trading action.
Indian markets snapped a twosession losing streak on Wednesday after European
stocks recovered from four days of losses in reaction to solid U.K. labor data and a
rise in commodity prices.

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