Indian markets are likely to open Positive tracking global cues and SGX Nifty.
The U.S. equity indices recovered from early move to downside stocks showed a
lack of direction over the course of the trading session. The early weakness on Wall
Street came as traders continued to express concerns about President Donald
Trumps ability to implement his probusiness agenda and geo political tension.
Thought selling pressure remained relatively subdued due to lack of major U.S.
economic data.
The major averages eventually ended the session mixed. While the NASDAQ edged
down 0.1 percent to 6213 the Dow inched up 0.1 percent to 21704 and the SP
500 ticked up 0.1 percent to 2428.
U.K. stocks sagged Monday falling alongside European and Asian stocks as
tensions between the U.S. and North Korea came back into focus. The FTSE 100
UKX 0.1 percent to close at 7319 falling for a third straight Day.
On the domestic front The Sensex gave up early gains to end lower by 266 points

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