Indian markets are likely to open positive tracking global indices and SGX Nifty.
US Stocks stocks have shown a lack of direction over the course of the trading day
on Monday. The major averages have spent the day bouncing back and forth across the unchanged line. The Dow is down 0.1 percent at 25820 while the Nasdaq is up by 0.1 percent at 7692.
U.K. Market rose notably on Monday and the pound dipped after British Prime Minister Theresa May issued a stark warning to lawmakers that if they do not back
her Brexit deal before the EU leaders summit on Thursday she would seek “a short
technical extension” beyond the March 29 date to leave the EU. The FTSE 100 was up by 0.7% to 7278.
On domestic front Indian shares rose for the sixth straight session on Monday although the upside remained limited amid rising oil prices and ahead of this weeks Fed meeting. The benchmark BSE Sensex was ended up by 0.2% to 38095 at the end of trading session.

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