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

US stocks saw some further upside over the course of the trading session on Monday. With the upward move the major averages continued to offset the selloff seen last month. The major averages pulled back off their best levels in afternoon trading but remained firmly positivey. The Dow rose by 0.4 percent to 23531 and Nasdaq escalated by 1.3 percent to 6823.

U.K. stock turned cautious on Monday after the strong gains recorded on the previous session most of the markets across Europe are down in negative territory despite having opened higher on positive cues from Asia. The FTSE 100 fell by 0.4% to 6811.

On domestic front Indian stock market ended on a firm note on Monday despite paring a substantial portion of early gains with financials and IT leading the move. News about resumption of trade talks between the U.S. and China set up a bright start for the market. During the trading session the

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