''We expect the Indian markets to open flat with a negative bias after the major correction post the Railway Budget yesterday. However, long term sentiments remain positive. Ahead of the Union Budget on July 10, the market could trade cautiously as it eyes a pro-growth Budget,'' said ICICIdirect.

''Domestic benchmark indices ended 2% lower as investors booked profits after recent sharp gains awaiting cues from the upcoming General Budget. A weak start to the European markets further dampened sentiments,'' it added.

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