Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. stocks rose Wednesday with the Dow Jones Industrial Average up for a fourth day despite political turmoil in Washington DC and the disintegration of the presidents business advisory council. The Dow Jones Industrial Average climbed 0.1% to end at 22025 the Nasdaq Composite Index rose 0.2% to close at 6345 while the SP 500 rose 0.1% to close at 2468.
The FTSE 100 followed global stocks higher as investors breathed a sigh of relief over easing tensions between the US and North Korea. Londons blue chip index ended the day higher by 0.67% at 7433 while the French CAC 40 and German Dax rose 0.71% each.
Posting their biggest singleday percentage gain in a month Indian markets on Wednesday soared more than 1 per cent reflecting the upbeat mood across global markets amid receding tensions between the US and North Korea and expectations of favourable comments in the US Federal Reserve minutes. The
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