Indian markets are likely to open negative tracking global indices and SGX Nifty.

The US stocks fluctuated over the course of the trading session on Thursday before eventually ending the session little changed. The major averages finished the day near the unchanged line after failing to sustain an early rally. The Dow crept up by 0.2 per cent to 23515 while the Nasdaq was flat at 8495.

UK stocks recovered from an early slide to turn higher on Thursday despite historic falls in purchasing managers readings across Europe.. The FTSE 100 was almost flat at 5777.

On domestic front Indian shares rose for the second straight session on Thursday with IT and private banking stocks leading the surge amid strong recovery in global markets. The benchmark BSE Sensex increased by 1.5 per cent to 31863.

Download Full Report View Full Report in Browser