Indian markets are likely to open Flat tracking global indices and SGX Nifty.
Thanksgiving holiday in the United States
European stocks struggled for direction on Thursday as investors reacted to soft U.S. data released overnight and the minutes from the Federal Reserve latest meeting. Many Fed members favored enhanced bondbuying guidance fairly soon but did not see a need for immediate adjustments. The benchmark FTSE 100 down by 0.5 per cent to 6362.
Indian shares ended Thursday session sharply higher amid optimism around Covid19 vaccines and hopes for a speedy recovery from the pandemic. Volatility prevailed amid the expiry of November series derivative contracts and ahead of GDP data for the JulySeptember quarter due to be released on Friday. The benchmark SP BSE Sensex up by 1. % percent to 44259.
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