Indian markets are likely to open flat tracking global indices and SGX Nifty.
U.S. Stocks turned in a lackluster performance during trading on Friday. The major averages spent the day bouncing back and forth across the unchanged line. The Dow Jones was up by 0.4% to 24831 and the Nasdaq ended flat to 7403.
U.K. shares were little changed in lackluster the last trading session as the pound edged higher against major currencies and oil prices also dipped from recent highs on expectations that alternative supplies could replace a looming drop in Iranian exports from U.S. sanctions. The benchmark FTSE 100 was marginally higher by 0.3% at 7725.
On domestic front Indian shares rallied on Friday mirroring weak cues from global markets as tepid U.S. inflation data helped ease worries of faster U.S. interest rate hikes this year and President Donald Trump said he had high hopes of doing something very meaningful to curtail North Koreas nuclear ambitions at a summit in Singapore onDownload Full Report