Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. stocks rose to record highs on Tuesday as a rally in tech lifted the broader
market. Investors also cheered strong quarterly results from top companies in
Corporate America.
The European markets ended Tuesdays session in the green adding to the modest
gains of the previous session. Traders remain in a cautious mood due to the political
uncertainty in Germany. However the markets received a boost from some positive
corporate news. The early gains on Wall Street also provided support in the
Indian markets closed higher of the fourth consecutive session on Tuesday although
overall gains remained muted ahead of derivatives expiry due next week.

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