Indian markets are likely to open flat and may remain in green tracking SGX Nifty.
US Markets showed a lack of direction throughout the trading session on
Wednesday before ending the day little changed. Despite the choppy trading on the
day the Dow still managed to climb to another new record closing high. The
lackluster close on Wall Street came following the release of the minutes of the
Federal Reserves latest monetary policy meeting.
The European markets ended Wednesdays session with mixed results. The markets
climbed to their highest level in 14months in early trade. Solid German business
sentiment data and a number of positive corporate earnings reports helped to fuel
early gains.
Indian markets rose for a fifth consecutive session on Wednesday as a record rally
in index heavyweight Reliance Industries helped outweigh weakness in the IT sector.

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