Indian markets are likely to open on positive note tracking the SGX Nifty and Global markets.
The major U.S. stock indexes posted strong gains on Friday as bargainhunters drove the market higher while shrugging off political fallout over Donald Trump’s presidency for a second day. In the cash market the blue chip Dow Jones Industrial Average rose 142 points to 20805. The NASDAQ Composite index settled up 0.5 per cent to 6084.
Despite a slew of bearish broker notes and a week of political tumult the FTSE 100 index enjoyed its fourth consecutive week of gains as the Trumpinspired rout eased. The blue chip index ended the day 0.46 per cent higher at 7471.
The benchmark BSE index Sensex ended marginally higher on Friday after touching a record high its fourth peak in five sessions as profitbooking pared overall gains led by consumer stocks that rallied after rates for goods and services under a new tax were finalised. The Sensex closed up 0.1 per cent at 30465 after rising as

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