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

U.S. stocks remain mostly positive in midday trading on Tuesday. The major averages are firmly in positive territory after ending the previous session mixed. The Dow Jones was up by 0.9% to 25256 and the Nasdaq rose by 0.3% at 7866.

U.K. stocks followed Asian peers higher on Tuesday after the State Council Chinas cabinet said the country would adopt a more vigorous fiscal policy to support the economy. The benchmark FTSE 100 was up by 0.6% to 7703.

On domestic front Indian shares eked out modest gains to close at record highs on Tuesday following firm cues from Asia and Europe. The BSE Sensex was up by 0.3% to 36825.

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