Indian markets are likely to open flat tracking SGX Nifty and global indices.
U.S. stock indexes advanced Friday to close out the first week of July higher after an
employment report showed the U.S. added 222000 jobs in June representing the
secondlargest job haul of the year and underscoring that the labor market remains
healthy. A strong rebound in beleaguered tech stocks also helped major
benchmarks to secure a foothold in positive territory.
The Dow Jones Industrial Average DJIA climbed 0.4% to close at 21414 The SP
500 index SPX rose 0.6% to 2425 The Nasdaq Composite Index COMP rallied
1% to end at 6153.
The U.K stock erased earlier losses and ended slightly higher on Friday after the
pund gets chopped down following a trio of disappointing data. The FTSE 100 index
UKX rose 0.2% to close at 7351 after trading as low as 7315 earlier in the day.
The benchmark advanced 0.5% for the week.
On domestic front The benchmark Sensex on Friday retreated from i
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