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Indian shares look set to open on a flat note Tuesday, tracking mixed global cues as concerns persist about the spread of more dangerous variants of coronavirus<\/span>.<\/p>\n Benchmark indexes Sensex and the Nifty ended a tad higher on Monday, while the rupee slipped 11 paise to close at 74.26 against the dollar, snapping its five-session winning streak. <\/p>\n Asian stocks traded mixed this morning, with Japanese markets<\/span> rising as trading resumed after a holiday. <\/p>\n The dollar was buoyant in early Asian trade after two Fed officials said the U.S. economy<\/span> is growing rapidly and that inflation is already at a level that could satisfy one leg of a key test for the beginning of interest rate hikes.<\/p>\n Treasury yields held overnight gains and oil edged up after hitting a three-week low in the previous session, while Bitcoin traded back around $46,000.<\/p>\n U.S. stocks fell from record highs overnight and commodities slumped, as investors fretted over an early tapering of the Federal Reserve’s economic support measures and new coronavirus-related restrictions in Asia, especially China. <\/p>\n The Dow dropped 0.3 percent and the S&P 500 slipped marginally while the tech-heavy Nasdaq Composite index edged up 0.2 percent.<\/p>\n European stocks ended mixed on Monday as surging COVID-19 cases in the United States and China threatened to slow economic recovery. <\/p>\n The pan European Stoxx 600 rose 0.2 percent. The German DAX and France’s CAC 40 index both edged down 0.1 percent while the U.K.’s FTSE 100 inched up 0.1 percent. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n