Indian markets are likely to open on positive note tracking the SGX Nifty and Global markets, said Angel Broking in its report.

The major U.S. stock indexes posted strong gains on Friday as bargain-hunters drove the market higher while shrugging off political fallout over Donald Trump's presidency for a second day. In the cash market, the blue chip Dow Jones Industrial Average rose 142 points to 20,805. The NASDAQ Composite index settled up 0.5 per cent to 6,084.

Despite a slew of bearish broker notes and a week of political tumult, the FTSE 100 index enjoyed its fourth consecutive week of gains as the Trump-inspired rout eased. The blue chip index ended the day 0.46 per cent higher at 7,471.

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