Indian markets are likely to open flat tracking global indices and SGX Nifty.
The US stocks moved to the upside going into the close ending the day moderately higher. With the continued upward move the major averages one again climbed to new record closing highs. The Dow jumped 0.2 percent to 29348 and the Nasdaq spiked 0.3 percent to 9389.
UK stocks ended higher on Friday driven largely by data that showed China economic grew as expected in the year 2019.The benchmark FTSE 100 was up by 0.9 percent to 7674.
On domestic front Indian markets ended a lackluster session on a mixed note Friday as investors awaited cues from the earnings season and the upcoming Union Budget. The benchmark BSE Sensex was up by 0.1 percent to 41945.

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