At 7:30 am, the Nifty futures were trading higher by 0.55 percent on Singapore Stock ExchangeThe domestic stock exchange are most likely to open in the green, extending the gains seen in the previous session, on the back of positive global hints.
Patterns on SGX Nifty indicate a positive opening for the index in India, with a 66-points gain.
At 7:30 am, the Nifty futures were trading at 14,759, greater by 66 points or 0.55 per cent, on the Singapore Stock Exchange.Asian markets were mostly higher as financiers expect the United States jobs report due later on today for clues about for how long the Fed will remain on hold.
Nikkei 225 jumped 1.98 per cent, while the Topix index was up 1.97 per cent and South Korea's Kospi rose 0.7 per cent.
In Hong Kong, the Hang Seng index was up 1.15 per cent.Wall Street's primary indexes and the Dow struck a record high on Wednesday, as development stocks bounced from a steep selloff in the previous session and a survey revealed personal tasks increased in April.
The Dow Jones was up 0.46 per cent, S-P 500 was up 0.54 percent and Nasdaq Composite was up 0.63 per cent.Meanwhile, oil rates fell on Thursday as fuel inventories in the United States, the world's largest oil customer, increased for a 5th successive week although an attract unrefined stockpiles helped to underpin costs.
Brent crude oil futures fell by 16 cents, or 0.2 per cent to $68.80 barrel by 0123 GMT, and U.S West Texas Intermediate (WTI) crude futures visited 20 cents or 0.3 percent to $65.43 a barrel.
Both Brent and U.S unrefined futures hit their greatest because mid-March on Wednesday before retreating.On Wednesday, the BSE Sensex had actually leapt 424.04 indicate 48,677.55 and Nifty rose 121.40 points to 14,617.90.