Hi Daniel,
Thanks for the reply,
I am not using any Matlab Toolbox for Configuring the MCU to talk with fxls8471q, I implemented the code, and checking directly with the fxls8471q using oscilloscope.
The following are the Observations of SPI lines with the Oscilloscope,
MOSI - the data which is transmitted, is observed in Oscilloscope.
SCL - the clock pulses are toggling properly, when the SPI communication is initiated.
CS - the Chip select pin goes Low and high when the data is getting transmitted.
The above three lines are working as per the software which is implemented.
MISO - The MISO line is continuously in floating, the voltage variation is between 3 V to 2.2 V.
I can able to see almost nearrly 8-9 High to Low transistions in the MISO line for 500 micro seconds.
Please find the below snapshot of Oscilloscope image of MISO line.

Let me know any issues with the configuration of SPI, which leads to this behavior of MISO pin.
Thanks,
Francis B K