Indian markets are expected to open on a positive note tracking the SGX Nifty and
global cues.
U.S. stocks rallied Wednesday as the minutes of the Federal Reserve most recent
meeting provided some clarity on the prospects of a December rate hike. Most
Federal Reserve officials are open to a December interestrate hike as conveyed by
the minutes of the central banks October meeting.
The European markets ended the session with mixed results as geopolitical
concerns weighed on investor sentiment. News of a bomb threat in Germany the
diversion of two Air France flights to Paris from the U.S. and a police raid in a Paris
suburb dampened risk appetite.
Sensex and Nifty snapped their twoday winning streak. Losses in banking metal
and IT stocks and index heavyweight Reliance Industries pulled key benchmark
indices lower as further security scares in Paris weighed on investor confidence.
Overseas cues were negative with European and Asian stocks declining as further
security
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