Indian markets are likely to open Positive tracking global indices and SGX Nifty.
Stocks showed a significant recovery over the course of the trading session on Monday after moving sharply lower early in the day. The major averages climbed well off their early lows with the Dow reaching positive territory. The Dow up by 0.1 percent to 30216 and the Nasdaq down 0.1 percent to 12742.
U.K. stocks fell on Monday on worries about the fresh hit to an economic recovery after an official said Brexit trade talks remain difficult with significant differences between the two sides. Meanwhile all of London and much of southeastern England is now under strict Tier 4 lockdown restrictions. The benchmark FTSE 100 corrected by 1.7 per cent to 6416.
Indian shares succumbed to heavy selling pressure on Monday with financials automobile and metal stocks pacing the decliners amid a selloff across global equities. Markets fell in Asia and Europe as U.S.China tensions intensified Brexit talks re
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