Markets seen flat ahead of US Fed meet; Tata Motors, Axis Bank, Maruti in focus

Mumbai: Indian equity markets are likely to trade in a range on Tuesday, while trends in SGX Nifty suggest a flat opening for domestic benchmark indices.

The S&P 500 and Nasdaq closed at record highs on Monday, fuelled by heavyweight growth stocks ahead of a deluge of earnings reports this week.

Sentiment for equities in many markets has improved steadily this month due to expectations that rising vaccination rates will allow more economies to resume normal activity.

Tata Motors will be in focus as the carmaker has said that the lockdown enforced in various parts of the country is expected to impact vehicle demand temporarily.

For CEOs who are part of the promoter group or large shareholder, the tenure is capped at 12 years.

The Treasury saw very weak demand at a seven-year debt auction in February, which sparked a brutal market selloff across the globe.

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