Indian markets are likely to open negative tracking global indices and SGX Nifty.
U.S. stocks moved sharply higher at the start of trading on Tuesday but failed to sustain the upward move and spent the rest of the day showing a lack of direction. The major averages eventually ended the session near the unchanged line. After jumping by more than 300 points in early trading the Dow ended the day up just or 0.1 percent at 34575.31 the Nasdaq slipped 0.1 percent to 13736.48

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