At 7:30 am, the Nifty futures were practically the same around 14,915 level on Singapore Stock ExchangeThe criteria indices are likely to open on a careful note, publish the one per cent gains on Thursday, passing cues from Asia and early indications from trading in SGX Nifty futures.
Trends on SGX Nifty show a flat to unfavorable start for the index in India.
At 7:30 am, the Nifty futures were trading practically the same around 14,915 level on the Singapore Stock Exchange.Global stock costs increased to a 11/2-month high up on Monday after data showing a rise in United States work, while short-dated United States bonds came under pressure on concerns the Fed Reserve might bump up interest rates faster than it has indicated.MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, with China closed for Tomb-Sweeping day and Australia on Easter Monday.The S&P 500 rose on Thursday to its first-ever close above the 4,000 mark, raised by gains in Microsoft, Amazon and Alphabet, in addition to optimism about a recuperating United States economy.
The Dow Jones increased 0.52 percent, while the S&P 500 gained 1.18 percent and Nasdaq Composite climbed 1.76 per cent.Meanwhile, oil rates edged lower in early Asian trade on Monday after OPEC+ concurred recently to gradually ease some of its production cuts between May and July.
Brent crude futures for June fell 16 cents or 0.2 per cent to $64.70 a barrel by 2351 GMT, while United States West Texas Intermediate crude for May was at $61.32 a barrel, down 13 cents or 0.2 per cent.On Thursday, the BSE Sensex surged 520.68 points or 1.05 per cent to 50,029.83 and Nifty increased 176.70 points or 1.20 per cent to 14,867.40.