Indian markets are likely to open positive tracking global indices and SGX Nifty.
US Stocks after moving sharply lower in early trading stocks showed a significant
recovery attempt over the course of the session on Thursday. The major averages
climbed well off their worst levels of the day but still ended the day in negative
territory. The Dow and the Nasdaq closed down by 0.1 percent and 0.5 per cent to
28494 and 11713 respectively.
UK stocks closed sharply lower on Thursday as investors pressed sales across the
board amid fading hopes of a U.S. stimulus before the presidential election and
fresh lockdown restrictions across Europe due to spikes in cornavirus infections. The
benchmark FTSE 100 closed down by 1.7 per cent to 5832.

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