Indian markets are likely to open flat tracking global indices and SGX Nifty, said Angel Broking in its report.

U.S. stocks rose Wednesday, with the Dow Jones Industrial Average up for a fourth day despite political turmoil in Washington DC and the disintegration of the president's business advisory council. The Dow Jones Industrial Average climbed 0.1%, to end at 22,025, the Nasdaq Composite Index rose 0.2%, to close at 6,345 while the S&P 500 rose 0.1%, to close at 2,468.

The FTSE 100 followed global stocks higher as investors breathed a sigh of relief over easing tensions between the US and North Korea. London’s blue chip index ended the day higher by 0.67% at 7433 while the French CAC 40 and German Dax rose 0.71% each.

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