Technology

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

U.S. stocks moved mostly lower over the course of the trading day on Friday. The major averages slid firmly into negative territory after ending the previous session mixed. The Dow Jones declined by 0.3% to 25451 and the Nasdaq was down by 1.5% at 7737.

U.K. shares rose on Friday and remained on track to end the week at sixweek highs as earnings optimism and easing of U.S.EU trade tensions helped support underlying sentiment ahead of U.S. secondquarter GDP data due tonight. The benchmark FTSE 100 was up by 0.5% to 7701.

On domestic front Indian shares hit fresh record highs on Friday with encouraging firstquarter earnings and positive cues from Asian and European markets helping underpin investor sentiment. The BSE Sensex soared up by 352 points to 37337.

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