''Indian markets are expected to open flattish on the back of mixed global cues. Amid expiry led volatility, the Railway Budget is expected to hog the limelight today,'' said ICICIdirect.

Domestic markets ended flat after a volatile day partially due to the F&O expiry, along with caution ahead of the Railway Budget and the growing opposition to the proposed amendments to the land acquisition Bill.

US markets ended nearly flat as the Federal Reserve Chair said the central bank is unlikely to begin raising interest rates for at least the next couple of monetary policy meetings.

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