The domestic stock markets were shut on Thursday due to Id-Ul-Fitr holiday The domestic markets are likely to open strong on the last trading day of the week, going by positive cues from the global front. Wall Street had a buoyant session of trade overnight, Asian markets have rebounded in early trading and trends on SGX Nifty indicate a gap-up opening for the broader index in India. At 7:30 am, the Nifty futures were trading at 14,684, higher by 176.50 points on the Singapore Stock Exchange from May 12 closing, while they were trading higher by 59 points from May 13 closing of 14,628. The domestic stock markets were shut on Thursday due to Id-Ul-Fitr.