Indian markets' are likely to open on a negative note tracing Global cues, said Angel Broking in its report.
The US markets were lower Tuesday after Federal Reserve officials made hawkish comments despite anemic inflation data.
The European markets finished in the red Tuesday, retreating from their highest level in seven weeks. The move was largely attributed to profit taking following the recent run up in equities. The strong performance of the mining stocks helped to limit the downside move.
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