Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange. The Nasdaq surged to a record on Thursday as US stocks shrugged off geopolitical worries and rallied on better earnings and optimism about the American economy. Pic/AFP

After trading in a narrow range, Nifty closed at 9119. Heightened geo-political tensions and fear of a possible World War III kept the world markets under pressure. Foreign Financial Institutions (FIIs) also trimmed their portfolios last week. Domestic institutions and retail investors kept their support at lower levels. Going forward, Nifty may open with a minor gap down on Monday due to weak global cues and may trade negatively on Tuesday too, ahead of a possible missile test by North Korea. Domestic markets participants are more concerned about quarterly earnings season than international cues.