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After seeing a smart rebound on yesterday, the local equity benchmarks are likely to unlock on a tepid note on today as investors & observers would seek to tread cautiously ahead of the much-awaited 2-day Fed policy review that begins later today.
Investors may also pay heed to the CPI inflation reading, which jumped to a 14-month high of 5.4 per-cent in November. A rally from the euro region markets fizzled out in Monday's period amid continuous fall in prices of oil.
At 07 O'Clock today, Nifty-50 futures on the Stock Exchange of Singapore were trading 50.50 pts down at 7,570.00, indicating a gap-down unlocking for the domestic market. Many Asian markets were trading mixed. Japanese Nikkei was trading 0.80 per-cent down at 18,733.29.
Investors may also pay heed to the CPI inflation reading, which jumped to a 14-month high of 5.4 per-cent in November. A rally from the euro region markets fizzled out in Monday's period amid continuous fall in prices of oil.
At 07 O'Clock today, Nifty-50 futures on the Stock Exchange of Singapore were trading 50.50 pts down at 7,570.00, indicating a gap-down unlocking for the domestic market. Many Asian markets were trading mixed. Japanese Nikkei was trading 0.80 per-cent down at 18,733.29.
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Indian shares are likely to witness a positive start on Friday morning as the global markets look supportive with SGX Nifty trading 14 points higher @9907.capitalstars
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