Indian markets are expected to open in negative tracking SGX Nifty and Asian
U.S markets erased gains to close off session highs on Wednesday after the Federal
Reserves April meeting minutes revealed most members are ready for a rate hike
as early as June. While the Nasdaq and SP 500 closed higher the Dow Jones
ended slightly lower
The European markets closed mostly higher on Wednesday as investors reacted to
volatile oil markets and awaited the minutes of the latest Federal Reserve meeting.
Indian markets fell on Wednesday mirroring weak global cues as a string of
optimistic data prints out of the U.S. and hawkish comments from three Federal
Reserve officials brought the issue of interest rate rises in the U.S. back into focus.

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