Indian markets are likely to open positive tracking global indices and SGX Nifty.
US stocks following the selloff seen in the previous session stocks saw considerable volatility over the course of the trading day on Friday. While a rebound by tech stocks contributed to an advance by the Nasdaq the Dow posted a steep loss. The Dow plunged 1.5 percent to 30932 and the techheavy Nasdaq climbed 0.6 percent to 13192 its lowest closing level in nearly a month
