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Markets indicating a flat opening after three consecutive sessions of upsurge


Stock market report with bull and bearSGX Nifty is currently trading in the red down 15 points at 10,658.

Markets could take a breather and trade sideways in today’s session with Nifty having rallied nearly 300 points in the past 3 sessions.

The action is expected to be more stocks specific with the Q4 results currently underway, BEL, BHEL, BPCL, Coal India, Dish TV, IOB and Ipca Lab, are some of the large-cap companies set to announce their Q4 results today.

Global markets
Major Asian markets are trading in the red, Nikkei is down 0.66%, Hang Seng is down 0.46%, while the Shanghai Composite is trading flat 0.03% lower.

US Markets were shut yesterday on account of Memorial Day.

European markets closed in the red yesterday with CAC and DAX ending 0.61% and 0.58% lower respectively.

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