Indian markets are likely to open flat tracking global indices and SGX Nifty.
US stocks following the sharp pullback seen in the previous session stocks showed a strong move back to the upside during trading on Tuesday. The major averages fluctuated early in the session but climbed firmly into positive territory as the day progressed. The Dow was up by by 0.6 percent to 30391 and the Nasdaq was down by 1.0 percent to 12818.

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