''Indian markets are expected to open flat on the back of mixed global cues. The markets may remain volatile on account of a slew of corporate earnings to be announced this week and bi-monthly monetary policy to be announced tomorrow,'' said ICICIdirect.
Domestic markets ended notably higher as sentiments turned positive with the government notifying a composite cap of 49% in the FDI policy, in most sectors, including brownfield pharmaceuticals, single-brand retail, insurance, pension, etc.
US markets ended negative amid confusion about when the Federal Reserve will finally raise interest rates.
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