Indian markets are likely to open negative tracking global indices and SGX Nifty.

US stocks fluctuated over the course of the trading session on Thursday but managed to end the day mostly higher. . The major averages eventually ended the session higher. The Dow rose by 0.5 percent to 28364 the Nasdaq inched up 0.2 percent to 11506.

UK stocks edged lower on Thursday as the pound held close to sixweek highs it touched on the previous day on the news that Brexit talks will resume and that a deal is more likely than not. The benchmark FTSE 100 fell by 0.3 per cent to 5757.

On the domestic front Indian shares fell on Thursday to snap a fourday winning streak tracking weak global markets as global Covid19 cases continued to surge and U.S. President Donald Trump accused Democrats of being unwilling to craft an acceptable compromise on a Covid19 stimulus bill. The benchmark SP BSE Sensex declined by 0.4 percent to 40558.

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