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

The US markets on Tuesday finished squarely in negative territory as a spate of tepid corporate earnings weighed on the broader market. The Dow Jones Industrial Average dropped 0.6% to close at 20523 while the SP 500 index fell 0.3% to end at 2342. The Nasdaq Composite Index lost 0.1% to close at 5849.

The UK stocks saw the biggest oneday slide in nearly 10 months on Tuesday after Britain’s PM Theresa May called an early general election in a bid to strengthen the government's position ahead of Brexit negotiations with the European Union. The FTSE 100 stumbled 2.5% to close at 7147 marking its biggest singlesession percentage drop since June 27 last year.

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