Indian markets are likely to open Neutral tracking global indices and SGX Nifty.
Stocks moved higher for much of the trading session on Wednesday before coming under pressure going into the close. The major averages showed notable moves to the downside but the Dow and the SP 500 managed to remain in positive territory. The Dow down by 0.4 percent to 30129 and the Nasdaq down by 0.3 percent to 12771.
U.K. stocks edged lower on Wednesday as a strong pound weighed on exporters. The pound rose against both the euro and dollar on the possibility of a Brexit trade deal and amid news of an agreement between the U.K. and France to reopen border traffic. Meanwhile U.K. car production declined. The benchmark FTSE 100 up by 0.7 per cent to 6495.
Indian shares rose sharply on Wednesday tracking a positive trend in global markets as concerns over a new virus strain eased and reports indicated that a Brexit trade deal could be struck later in the day. Stimulus bill in the U.S. continued to
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