Indian markets are likely to open negative tracking global indices and SGX Nifty.
Stocks moved mostly higher during trading on Tuesday as traders returned to their desks following the long holiday weekend. The techheavy Nasdaq ended the session just shy of the record closing high set earlier this month. The Dow up by 0.4 percent to 30930 and the Nasdaq was up by 1.5 percent to 13197.
U.K. stocks advanced on Tuesday with optimism about demand in China and U.S. stimulus hopes helping underpin investor sentiment. The benchmark FTSE 100 was almost flat at 6712.
Indian shares posted strong gains on Tuesday with key benchmark indexes climbing around 2 percent as optimism about China economy and hopes for further global stimulus helped spur buying across the board. The benchmark SP BSE Sensex up by 1.7 per cent to 49398.
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