Indian markets are likely to open flat tracking the SGX Nifty & global cues, said Angel Broking in its report.

U.S. Markets closed higher Thursday ahead of major tech company earnings. The Dow Jones industrial average and the S&P 500 struggled to hold opening gains, while the tech-heavy Nasdaq composite closed at a record high.

The majority of the European markets ended Thursday's session in the red, putting an end to a six session winning streak. Investors were disappointed after the European Central Bank again made no changes to its monetary policy, while the U.S. Federal Reserve has been hiking interest rates.

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