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

US stocks turned in a mixed performance during trading on Thursday. The techheavy Nasdaq turned positive after seeing initial weakness while the Dow closed modestly lower. The Dow dipped 0.2 percent to 29999 while the Nasdaq climbed 0.5 percent to 12406.

UK stocks advanced on Thursday while the pound lost ground against the euro and the dollar after British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen gave themselves until the end of the weekend to decide on a potential postBrexit trade agreement. The benchmark FTSE 100 rose by 0.5 per cent to 6594.

Indian shares extended their winning run yesterday to notch fresh record highs amid stimulus hopes and Covid19 vaccine optimism. The rally was also driven by positive cues from global markets and persistent foreign fund inflows given strong visibility of sustained earnings growth in the second half of FY2

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