Indian markets are likely to open flat tracking global indices and SGX Nifty.
Stocks turned in a lackluster performance for much of the trading day on Friday but moved to the upside late in the session. The lateday advance lifted the major averages to new record closing highs. The Dow up by 0.1 percent to 31458 while the Nasdaq climbed 0.5 percent to 14095.
U.K. stocks fell notably on Friday after official data showed the U.K. economy logged its biggest annual fall on record in 2020 with GDP falling 9.9 percent. The benchmark FTSE 100 up 0.9 percent to 6589.
ndian shares gave up early gains to end on a flat note Friday tracking weak cues from Asian and European markets as U.S.China tensions returned to the fore and investors awaited more signs of progress in U.S. stimulus measures. The benchmark BSE Sensex was almost flat at 51544.
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