Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. markets mostly slipped away from their latest record highs Wednesday as the
two former halves of HewlettPackard both tumbled while falling interest rates
helped phone companies but hurt banks.
The European markets ended Wednesdays session with mixed results. Trading
activity was choppy throughout the day but most markets were up ahead of the
opening bell on Wall Street. Markets in Europe decline in late trade as the U.S.
markets struggled in early trade. The upcoming Thanksgiving holiday is keeping a
number of U.S. investors away from their desks.
Indian markets rose modestly on Wednesday to extend gains for the fifth consecutive
session in the face of Moodys decision last week to upgrade Indias sovereign rating
after a gap of 14 years.
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