Indian markets are likely to open flat with a negative bias tracking SGX Nifty.
U.S. markets closed higher on Friday in a modest but broadbased advance as
Donald Trump was sworn in as U.S. President marking the first time in more than
50 years that a new commanderinchief has been welcomed by a rising equity
market on his first day in office.
The majority of the European markets ended Fridays session with modest gains. A
number of investors remained on the sidelines at the end of the trading week as
investors watch the transition of power in the United States.
Indian market tumbled on Friday after two straight sessions of gains with
disappointing thirdquarter earnings from the likes of Axis Bank and MindTree as
well as lackluster global cues ahead of U.S. Presidentelect Donald Trumps
inauguration weighing on markets.

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