Indian markets are likely to open positive tracking global indices and SGX Nifty.
U.S. stocks after moving to the upside early in the session the major U.S. stock indexes turned mixed over the course of the trading day on Friday. While the Dow managed to remain in positive territory the Nasdaq and the SP 500 slid into the red. The major averages finished the day on opposite sides of the unchanged line. The Dow rose 0.4 percent to 34207.84 but the Nasdaq fell 0.5 percent to 13470.99
