Indian markets are expected to open flat with a negative bias tracking marginally
negative movement in SGX Nifty in the opening trade. Most of the Asian indices
are trading in the negative zone.
The US markets which rallied higher in the opening trade saw selling pressure in
the afternoon due to lingering worries about the outlook for the Federal Reserves
stimulus program. The stocks closed mostly higher at the end of the day with the
major indices gaining 0.7-0.8%, although lower than the