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

The US markets were closed yesterday.

The UK stocks fell on Thursday as the pound strengthened and U.S. President Donald Trump signed legislation expressing U.S. support for Hong Kong protesters prompting China to threaten retaliation. The FTSE 100 fell by 0.5 per cent to 7391.

On domestic front Indian shares extended their bull run on Thursday to reach fresh record closing highs on expectations that growth will recover over the next few quarters on the back of various measures announced by the Modi government. The benchmark BSE Sensex increased by 0.3 per cent to 41130.

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