*Morning comments (HDFCSec Retail Research)* *Indian markets are set to open flat to mildly higher on lack of decisive global cues.* U.S. markets were closed Thursday, November 28, in observance of Thanksgiving. Stocks in the Asia-Pacific region plunged in early trade on Friday as geopolitical tensions worsened with Russia's warning to strike Kyiv with new ballistic missiles, following its attack on the power system in Ukraine. Hong Kong shares edge lower, dragged by home appliance and tech stocks. Investors are watching for the December Politburo and central government work conference for more signals on China’s next stimulus to boost the economy. Japanese stocks were lower, dragged by falls in auto and electronics stocks, as uncertainty over U.S. trade policy continues. Nikkei dropped 0.7% as the yen surged after Tokyo's inflation data. Data showed core consumer prices in Japan's capital accelerated in November and stayed above the central bank's 2% target in a sign of broadening price pressure. Gold prices edge higher in early Asian trade on the prospect of a December Fed rate cut after the U.S. personal consumption expenditure data came in line with expectations. BEML has secured a Rs 2,501 crore contract from Chennai Metro Rail, ONGC makes four oil discoveries in Ashokenagar, Adani Ports sign agreement for development a Seaport in Kerala. Nifty failed to surpass the crucial resistance of 24350 in the early morning trade on November 28 and reversed south after making intraday high at 24345. From the day’s high, Nifty nosedived more than 470 points on the November F&O expiry day. Nifty finally ended the session with the loss of 1.49% or 360 points, to close at 23914. The next support for the Nifty is seen at 23780-23850 band, while resistance for the same has shifted down to 24135-24150 band. Confirmation of higher bottom reversal is likely to open another round of buying in the market. *(HDFCSec Retail Research)*