Indian markets are expected to open on a flat note tracking the SGX Nifty.
U.S. markets closed in the green as the oil prices stabilised helping the index to
recover from an intraday decline of about 2%.
European markets ended with steep decline of about 2% led by dip in the
commodity stocks.
Indian markets declined for the second consecutive session on back of weak global
cues and investor caution ahead of the upcoming Union Budget.

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