Indian markets are likely to open on Positive note tracking the SGX Nifty.
U.S. stockmarket indexes closed at records Friday led by gains for technology
shares as investors looked past a weakerthanexpected May jobs report.
The European markets got off to a positive start Friday and advanced further later in
the morning. However the markets pared their gains in the afternoon following the
release of the weaker than expected U.S. jobs report. Despite the late pullback the
markets still finished firmly in positive territory.
Indian Market hit fresh record highs on Friday with a surging rupee hopes of good
southwest monsoon rains robust monthly sales figures from automakers and firm
global cues helping underpin investor sentiment.
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