Indian markets are likely to open flat tracking global indices and SGX Nifty.
The US stocks moved mostly higher during trading on Tuesday although the Dow gave back early gains to end the session nearly unchanged. The broader Nasdaq and SP 500 both closed firmly in positive territory. The Dow ended on a flat note to 27995 while the Nasdaq jumped 133.67 points or 1.2 percent to 11190.
UK stocks started off on a cautious note Tuesday morning but kept edging higher and higher as the day progressed to eventually end the session on a firm note. The FTSE 100 rose by 1.3 percent to 6105.
On domestic front the Indian stock market opened on a bright note Tuesday morning tracking cues from Wall Street where stocks rose sharply overnight thanks to a rally in technology stocks and positive news about potential coronavirus vaccines. The benchmark BSE Sensex was up by 0.7 percent to 39044.

Download Full Report