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

US Stocks moved significantly higher over the course of the trading day on Friday. The major averages all climbed firmly into positive territory after ending Thursdays trading mixed. The Dow Dow climbed 0.8 percent to 24737 and the Nasdaq jumped 1.3 percent to 7164.

U.K. stocks were modestly higher on Friday and the pound hit a fresh
11week high against the dollar after ECB President Mario Draghi expressed concerns about the euro zone economy and Northern Irelands Democratic Unionist Party reportedly decided to back Prime Minister Theresa Mays Brexit deal. The FTSE 100 was up by 0.3% to 6838.

On domestic front Indian shares gave up early gains to end notably lower on Friday as weak Q3 earnings overshadowed positive cues from global markets. During the trading session the BSE Sensex was down by 0.5% to 36025.

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