Indian markets are likely to open negaive tracking global indices and SGX Nifty.
Stocks moved mostly higher during trading on Friday extending the upward move seen in the previous session. With the continued advance the Dow and the SP 500 both ended the session at new record closing highs. The major averages all ended the day firmly in positive territory. The Dow rose 0.7 percent to 34777.76; the Nasdaq advanced 0.9 percent to 13752.24.

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