Trading of CNX Nifty futures on the Singapore stock exchange (SGX Nifty) amid mixed global cues indicates that the Nifty and Sensex could open in red on Friday.
The BSE Sensex and NSE Nifty are expected to open in red on Friday as CNX Nifty futures on the Singapore stock exchange (SGX Nifty) was trading in negative terrain amid mixed global cues.
At 8.18 am (IST), SGX Nifty was down 23.50 points, or 0.30 per cent, at 7,818.
Asian shares were mixed on Friday as caution about the US jobs report jostled with signals from the European Central Bank that it is willing to take further steps to shore up the European economy.
Nikkei was down 1.13 per cent at 17976 while Hang Seng was down 0.27 per cent at 20,879.
The Shanghai stock markets are closed for the second day as China commemorates the 70th anniversary of the end of World War II.
Wall Street shares ended up on Thursday, though they pared back much of earlier gains. The S&P 500 gained 0.1 per cent but the Nasdaq Composite ended 0.4 percent lower.
On Thursday, the BSE Sensex and NSE Nifty snapped three-day losing streak and rose 1.22 per cent and 1.37 per cent at 25764.78 and 7,823, respectively.
(With inputs from agencies)