Indian markets are likely to open positive tracking global indices and SGX Nifty, said Angel Broking in its report.

U.S. stocks closed higher on Friday as Wall Street clawed back from a sharp decline in the previous session but the market still posted a weekly loss on lingering geopolitical uncertainties. The Dow Jones Industrial Average rose 14.31 points to close at 21,858. The S&P 500 gained 0.1%, to end at 2,441, supported by gains in consumer-discretionary, technology and health-care sectors. The Nasdaq Composite Index climbed 0.6% to close at 6,257.

U.K. stocks finished sharply lower on Friday, as escalating tensions between the U.S. and North Korea helped drive a global selloff and left British blue-chips with their worst weekly performance in nearly four months. The FTSE 100 index slumped 1.1% to 7,310.

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