''Indian markets are likely to open on a flat to positive note on the back Markit US Services, Composite PMI of mixed global cues. The outcome of US composite and services PMI along with FII fund flows in the coming days are likely to impact market sentiments in the near term,'' said ICICIdirect.

Domestic markets ended in the negative territory after Trump's administration failed to pass its healthcare bill and on forecasts predicting below normal monsoons this year.

US markets ended on a flat note after the withdrawal of a bill to repeal and replace Obamacare due to lack of support.

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