Indian markets are likely to open Neutral tracking global indices and SGX Nifty.
US stocks fluctuated over the course of a holidayshortened trading day on
Thursday. The major averages bounced back and forth across the unchanged line
before eventually closing modestly higher. The Dow was up by 0.2 percent to
30200 and the Nasdaq rose by 0.3 percent to 12805.
U.K. stocks held steady on Thursday as speculation grew that a Brexit trade deal was
imminent. A stronger pound was keeping gains in check. The benchmark FTSE 100
inched up by 0.1 per cent to 6501.
Indian shares rose sharply on Thursday to close near record highs with heavyweight
Reliance Industries and financials leading the surge on the back of positive global
cues and sustained foreign fund inflows. The benchmark SP BSE Sensex surged by
1.1 percent to 46974.
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