Indian markets are likely to open higher, extending their gains from the previous session on the back of bullish global cues. Traders will also be getting support with IMF saying in its global growth prospects survey that Indian economy could grow at 7.4% in FY19, as against 6.7% this year, gaining pace to clock growth at 7.8% in FY20. The SGX Nifty indicates that Nifty could open at 10,996 with gains of 29 points at the opening bell.