A 8:00 am, the Nifty futures were trading lower by 0.35 percent on Singapore Stock ExchangeThe domestic stock exchange are most likely to open at a loss, passing early signs from SGX Nifty.
Asian markets have actually opened lower and trends on SGX Nifty indicate an unfavorable opening for the markets back house.
A 8:00 am, the Nifty futures were trading at 17,658, lower by 47 points or 0.35 per cent, on the Singapore Stock Exchange.The markets are most likely to be unstable during the day on account of September derivatives expiry.On the worldwide front, gains in defensive shares and Boeing helped the Dow and the S-P 500 index recuperate some lost ground on Wednesday after concerns over inflation and rising Treasury yields sparked one of Wall Street's worst selloffs this year.The Dow Jones ended greater by 0.30 per cent at 34,402.29 and S-P 500 was up 0.16 percent at 4,359.53; the Nasdaq Composite however ended down 0.26 per cent at 14,509.17.
Shares in Asia-Pacific traded lower on Thursday morning as financiers reacted to the release of Chinese factory activity data for September.
Nikkei 225 slipped 0.67 per cent, Topix decreased 0.65 per cent and Kospi dipped 0.17 per cent.On Wednesday, the BSE Sensex shed 254.33 indicate 59,413.27 and the Nifty fell 37.30 points to 17,711.30.