Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. market indexes closed higher Wednesday with the benchmark SP 500 posting
gains for a fourth straight session after a pair of strong economic reports.
The European markets rebounded Wednesday following yesterdays selloff.
Markets dropped yesterday after North Korea fired a missile over Japan. However
concerns over potential instability in the region have relaxed after U.S. President
Donald Trumps measured response to the launch.
Indian markets rebounded on Wednesday tracking firm cues from Asia and Europe
as jitters over North Korea eased somewhat. Investors were relieved by U.S.
President Donald Trumps measured response to North Koreas missile launch and
comments from the rogue states leader Kim Jong Un that the launch of an
intermediaterange ballistic missile over Japan was to counter U.S. and South
Korean military drills.

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