Indian markets are likely to open flat tracking global cues and SGX Nifty.
U.S. stock benchmarks closed firmly lower on Friday with low volumes. Stocks shifted
between gains and losses Friday as President Donald Trumps strategist Stephen
Bannon departed the White House following the prior days selloff fuelled by a
terrorist attack in Barcelona and rumours that Trumps economic adviser Gary Cohn
might resign. The Dow closed down 0.35 percent to 21674 The SP 500 declined
0.18 percent to close at 2425 and The Nasdaq declined 0.09 percent at 6216.
Bluechip stocks in the U.K. dropped Friday wrapping up the week with a fall in
travelrelated stocks after terrorists launched attacks in Spain. The FTSE 100 UKX
fell 0.9 percent to close at 7324 trimming its weekly advance to 0.2 percent.
On the domestic front Indian shares fell on Friday with weak global cues and steep
losses in Infosys shares in the wake of CEO Vishal Sikkas resignation weighing on
markets heading int

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