Indian markets are likely to open on flat note tracking the SGX Nifty and Global markets.
The US markets closed higher on Monday for a third session of gains recovering most of losses in the last week as tech and industrial stocks rallied in a day marked by lighter than usual volume. The Dow Jones Industrial Average finished up 0.4% to 20895. The SP 500 index rose 0.5% to close at 2394 and Nasdaq Composite Index rose 0.8% to finish at 6134.
The UK markets began the week higher as the pound fluctuated around the 1.30 mark. The FTSE 100 ended 0.34% higher at 7496.
On the domestic turf benchmark BSE Sensex rose by 106 points following a rally in FMCG consumer durables and capital goods stocks after the GST Council finalized rates for bulk of the goods and services last week. The 30share index closed at 30571 points up by 0.35% over the last close. The 50 share Nifty index gained 0.11% to end at 9438.
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