Indian markets are likely to open flat and may remain range bound tracking SGX
Nifty and Asian markets.
After moving to the upside early in the session, US markets remained mostly positive
throughout the trading day on Tuesday. With the upward move on the day, the
major averages once again reached new record closing highs.
The majority of the European markets ended Tuesdays session solidly in positive
territory. However, the FTSE 100 of the UK was one notable exception. The UK
market struggled due to mixed corporate earnings and concerns over the upcoming
French Presidential election.
Indian market hit their highest level since September on Tuesday even as global
sentiment remained nervous amid French election worries, the lack of clarity on the
policies of the new U.S. administration and uncertainty over the timing of Federal
Reserves next rate hike.

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