Indian markets are likely to open flat and may trade range bound tracking SGX Nifty
& Asian markets.
After ending the previous session mostly lower, US market showed a lack of direction
throughout much of the trading day on Wednesday. The major averages spent the
day bouncing back and forth across the unchanged line. The choppy trading on
Wall Street was partly due to uncertainty about President-elect Donald Trump’s
policies ahead of his inauguration on Friday.
The European markets were stuck in a sideways trend throughout Wednesday’s
session. The markets fluctuated between small gains and losses over the course of
the trading day and finished with mixed results. Investors were in a cautious mood
ahead of Thursday’s policy meeting of the European Central Bank.
Indian market ended with modest gains on Wednesday in volatile trade amid mixed
cues from global markets. Upbeat corporate earnings results boosted investor