Indian markets are likely to open flat with a negative bias tracking SGX Nifty, and global indices but could remain under pressure during the day, said Angel Broking in its report.

The US markets ended the day with sharp selling. Though markets were off from day's low the technology heavy NASADQ posted a bigger loss than Dow Jones.  Financials and Banking stocks witnessed strong buying while technology and semiconductor companies were under selling pressure. In economic news the commerce department released a report showing stronger than previously estimated US economic growth in the first quarter. The European markets started the day on positive bias but closed on a weak note.

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