Asian shares edged higher on Monday, looking to extend their recent rally to a third week should U.S. jobs figures show the expected revival in hiring in May
At 7:30 am, the Nifty futures were trading lower by 0.57 per cent on Singaporean Exchange
The domestic stock markets are likely to open in the red, going by early indications from SGX Nifty futures trading. Trends on SGX Nifty indicate a negative opening for the index in India, with a 60-points loss. At 7:30 am, the Nifty futures were trading at 14,563, lower by 60 points or 0.57 per cent, on the Singaporean Exchange.
Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large U.S. stimulus under President-elect Joe Biden shored up sentiment and oil prices perked up on upbeat Chinese trade figures.
Sensex, Nifty Likely To Open Lower Australian S&P/ASX 200 lost 0.12 per cent in early trading and Japan s Nikkei 225 futures fell 0.13 per cent. E-mini futures for the S&P 500, on the other hand, rose 0.21 per cent
Updated: December 15, 2020 8:26 am IST
At 7:465 am, the Nifty futures were trading lower by 0.40 per cent on the Singapore Stock Exchange.
The benchmark indices are likely to open in the red, in line with the negative cues from the g,lobal market front. Trends on SGX Nifty indicate a negative start for the broader index in India, with a loss of 54-points. At 7:45 am, the Nifty futures were trading around 13,537.50, lower by 54 points or 0.40 per cent on the Singapore Stock Exchange.