Indian markets are likely to open flat and may remain range bound tracking SGX Nifty and Asian markets, said Angel Broking in its report.
After moving to the upside early in the session, US markets remained mostly positive throughout the trading day on Tuesday. With the upward move on the day, the major averages once again reached new record closing highs.
The majority of the European markets ended Tuesday's session solidly in positive territory. However, the FTSE 100 of the UK was one notable exception. The UK market struggled due to mixed corporate earnings and concerns over the upcoming French Presidential election.
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.