Indian markets are likely to flat negative tracking global indices and SGX Nifty.
US Stocks moved mostly lower over the course of the trading day on Wednesday extending the pullback seen in the previous session. The major averages slid firmly into negative territory after showing a lack of direction in early trading. The Dow and the Nasdaq closed down by 0.6 percent and 0.8 per cent to 28514 and 11769 respectively.
UK stocks closed lower on Wednesday weighed down by concerns over continued rise in virus cases fresh lockdown restrictions and uncertainty about availability of Covid 19 vaccine anytime soon. The benchmark FTSE 100 closed down by 0.6 per cent to 5935.

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