Indian markets are likely to open in flat tracking global indices and SGX Nifty.
U.S. stocks rose on Wednesday with the Dow industrials ending a fourday losing
streak and the smallcap Russell 2000 notching a record close as President Donald
Trump and congressional Republicans touted a sweeping tax overhaul. The Dow
Jones rose 0.3% to end at 22341 erasing an earlier loss. The SP 500 gained
0.4% to close at 2507 while NASDAQ moved up 1.2% to 6453.
U.K. stocks finished higher for the first time this week on Wednesday getting a boost
from a weaker pound and a rally for miners. The FTSE 100 UKX climbed 0.4% to
end at 7314 breaking a twoday losing run.
On Domestic front share continues its downward trend amid concern over sagging
growth. Senior BJP leader and former finance minister Yashwant Sinha slammed the
governments handling of the economy and said growth will not improve by 2019
when the next national election is due. This Comment kept market under pressure
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