Indian markets are likely to open on positive note after the election results, said Angel Broking in its report.

US stocks remained flat as investors awaited the rate hike by the Federal Reserve. Investors strongly expect that the Federal Reserve will announce a rate hike after its meeting on Wednesday. Shares of Intel were down 2.3 percent after announcing that it planned to buy Mobileye. Health care stocks were down slightly over uncertainties over the Republicans replacement for Obamacare.

UK stocks closed slightly positive as mining stocks recovered due to higher commodity prices. UK house prices increased at their fastest pace in past twelve months in the month of February. House prices grew 0.6 percent in February MoM due to higher prices in London. Mining stocks rallied strongly as copper prices recovered. Anglo American went up by 4.12 percent and Rio Tinto added 3.96 percent. Also, BHP Billiton and Glencore rose by 2.49 and 1.40 percent respectively.

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.