Indian equity market may open flat to positive on global cues

The Indian equity market is expected to open in the green with SGX Nifty trading at 8614.50 up 6.00 point. 

The 30-share BSE Sensex was up 47.81 points at 28024.33 and the 50-share NSE Nifty gained 25.15 points at 8615.80 on Wednesday.

Crude prices in commodities declined over 2 percent overnight at a three-month low after the US government reported surprise builds in crude and gasoline inventories.

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