New Delhi, May 15 -- The Indian markets are likely to be wobbly as global markets are under pressure while investors remain nervous ahead of the election results. Asian stocks struggled near a three-month low on Wednesday on lingering concerns over the economic impact of a US-China trade war, although an overnight bounce on Wall Street helped limit the losses.

US stocks on Tuesday reclaimed some of the ground lost in the prior day's steep sell-off, with tariff-sensitive technology stocks heartened by a slight softening in US-China trade rhetoric. US President Donald Trump on Tuesday said he had a "very good" dialogue with China and insisted talks between the world's two largest economies had not collapsed.

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