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

U.S. stocks gave back some ground after moving sharply higher at the open but managed to remain firmly positive throughout the trading session on Monday. The major averages moved roughly sideways for much of the session before closing significantly higher. The Dow rose by 1.1 percent to 25826 and Nasdaq surged by 1.5 percent to 7442.

U.K. shares followed regional peers higher yesterday with commodityrelated stocks leading the surge as investors cheered deescalation in SinoU.S. trade tensions. Traders also looked ahead to a weeklong debate on the Brexit deal before a final vote in parliament on December 11. The benchmark FTSE 100 surged by 2.3% to 7139.

On domestic front Indian shares rose for a sixth consecutive session yesterday with financials and commodityrelated stocks pacing the gainers. While positive global cues helped underpin investor sentiment the upside remained capped by weak

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