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

US stocks turned in a relatively lackluster performance during the trading. The major averages spent much of the day lingering near the unchanged line before closing mixed. The Dow Jones edged down to 0.1% to close at 25283 and the Nasdaq Composite edged up to 0.3% to 7157.

U.K. shares were marginally lower on last trading day as weak earnings overshadowed a positive trend across Asia and Europe. The FTSE 100 was down by 0.4% to close at 7697.

On domestic front Indian shares rose to close at a fresh record high for the second straight session helped by positive global cues and earnings optimism heading into the Q3 earnings season. The Sensex ended on an upside front of 0.6% at 34353 while the Nifty ended at 10624 with an upside of 0.6%.

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