Indian markets are likely to open with negative bias tracking the SGX Nifty & Asian markets, said Angel Broking in its report.

With traders keeping a close eye on developments on Capitol Hill, US markets saw some volatility over the course of the trading session on Friday. The major averages eventually ended the day on opposites sides of the unchanged line. The volatility on Wall Street came as the House prepared to vote on a Republican bill to repeal and replace Obamacare.

The majority of the European markets ended Friday's session with small losses. The markets were locked in a narrow sideways trend throughout the session. Investors were reluctant to make any major moves ahead of a crucial vote on U.S. healthcare reform.

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