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

The US stocks faltered after recovering from a weak start Tuesday morning but slipped deeper into the red by noon and despite recovering gradually eventually ended the session on a negative note snapping a threeday winning streak. The Dow ended down 0.48 percent at 27452 and the Nasdaq closed lower by 0.29 percent at 11085.

UK stocks fell on Tuesday with coronavirus worries and Brexitrelated news flow keeping underlying sentiment cautious. The FTSE 100 ended down by 0.8 to 5882.

On domestic front Indian shares ended a choppy session marginally lower on Tuesday snapping a twoday winning run as the global death toll from Covid19 passed 1 million and caution crept in ahead of the first debate between the U.S. presidential candidates. The benchmark BSE Sensex ended on a flat note at 37974.

Download Full Report View Full Report in Browser