''Indian markets are expected to open flat to negative on the back of negative global cues. Fourth quarter earnings as well as the June monetary policy would hold the key for any directional move,''said ICICIdirect.
Domestic markets ended lower with broad-based selling across sectors, as traders remained cautious about a probable rate hike in the US by year end. US markets ended negative following the release of the Labour Department's closely watched report on consumer price inflation, which highlighted that core prices rose more-than-expected.
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