Indian markets are likely to open positive tracking global indices and SGX Nifty.
After coming under pressure early in the session stocks regained ground over the course of the trading day on Tuesday. The major averages climbed well off their worst levels of the day but still closed in negative territory.
The Dow slid 0.3 percent to 33066.96 giving background after ending the previous session at a record closing high. The Nasdaq edged down 0.1 percent to 13045.39 and the SP 500 fell 0.3 percent to 3958.55.

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