Indian markets are likely to remain in consolidation mode before the Stock specific action Q3 earnings season. In the long term, however, the undertone continues to remain bullish. The volatility may increase on global news flows but it is prudent to remain invested,'' said ICICIdirect.
''Domestic markets ended a choppy session marginally higher. Technology stocks supported the markets after a report showed that the US labour market is steadily improving as the year ends,'' it said.
''US markets closed positive. Sentiments remained bullish on continued signs of strength in the economy and on Fed comments that it will be cautious in its decision on starting to raise interest rates,'' it added.
Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.