Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. markets rose on Monday as Wall Street bet tax cuts would keep the economic
expansion going.
The European markets got off to a weak start Monday but managed to climb back
into positive territory before midday. Early weakness was due to political uncertainty
in Germany where talks to form a coalition government failed after the Free
Democratic Party had pulled out of negotiations with Angela Merkels conservative
Indian markets finished marginally higher on Monday after two days of strong gains
over last weekend following Moodys decision to upgrade Indias sovereign rating for
the first time in nearly 14 years.

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