Brent Oil is at 105.52, 6.23% down today, which can act as a positive indicator for markets tomorrow.
Decrease in Brent Oil >> Decrease in Oil Prices >> Decrease in inflation >> Increase in profitability >> Increase in markets.
So, Oil is inversely proportional with markets.
If US market recovers by the end of the midnight, we might experience a rise in NIFTY tomorrow.
Also, LIC IPO ended today, so no major liquidity sucking would be done from hereon which was the case for last 5 sessions due to LIC IPO.
After a steady downfall from past couple of days markets may rise and average itself in upcoming sessions.
Happy Investing (Cautiously) !!!