Technology

Indian markets are likely to open flat tracking global indices and SGX Nifty.

US stocks moved higher over the course of the trading day on Friday more than offsetting the moderate weakness seen in the previous session. With the upward move the major averages reached their best closing levels in over three months. The Dow climbed up by 0.7% to 26032 and the Nasdaq jumped by 0.9% to 7527.

U.K. stocks rose slightly in the last trading session and the British pound declined slightly as investors watched Brexitheadlines and looked forward to an end to the U.S.China trade conflict ahead of the March 1 deadline for a massive U.S. tariff hike. The FTSE 100 was inched up by 0.2% to 7179.

On domestic front Indian shares ended a choppy session on a flat note Friday after two days of gains. While auto oil and metal stocks advanced financials succumbed to selling pressure after RBI MPC minutes expressed concerns about growth. The BSE Sensex ended the trading session down by 0.1%

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