''Indian markets are expected open flat to negative on the back of weak global cues and uncertainty over regulation of participatory notes. The markets may also remain volatile on account of expiry and a slew of corporate earnings, to be announced this week,'' said ICICIdirect.

Domestic markets ended negative after a Supreme Court appointed Special Investigation Team asked Sebi to identify real owners of foreign funds coming through the P-Note route and also prosecute those using equities for tax evasion.

US markets ended negative due to a sell-off in Chinese stocks along with uncertainty over the Fed Reserve Meeting that is scheduled to announce its monetary policy decision on Thursday.

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