Indian markets are likely to open flat tracking global indices and SGX Nifty.

US stocks saw considerable volatility following the Federal Reserves monetary policy announcement on Wednesday before eventually ending the session little changed. The Dow inched up 0.1 percent to 27147 while the Nasdaq edged down 0.1 percent to 8177.

The UK stocks rose on Wednesday after official data showed that consumer inflation slowed in August due to declines in the prices of games toys and hobbies and cultural services clothing and sea fare. The FTSE 100 was up by 0.2 percent to 7336.

On domestic front Indian shares ended a rangebound session on a firm note Wednesday as oil extended overnight losses and reports suggested that the GST Council will discuss the agenda on tax cuts for various sectors including the auto sector on Friday. The benchmark BSE Sensex was ended up by 0.2 percent to 36564.

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