Market Live: Nifty above 11,600 in pre-opening, Sensex trades
higher; rupee opens lower
Trends on SGX Nifty indicating a negative opening for the
broader indices in India.
Rupee Opens: The Indian rupee opened lower by 12 paise at
69.04 per dollar on Friday versus previous close 68.92.
Crude Update: Oil prices were firm on Friday, supported by
ongoing supply cuts led by producer club OPEC and by US sanctions on petroleum
exporters Iran and Venezuela.
Wall Street ends lower: Healthcare stocks pulled Wall Street
lower on Thursday as growing fears of a global economic slowdown countered
upbeat economic data and investors waited for earnings season to kick into high
gear.
Asian markets trade lower: Asian shares were flat and US
Treasury yields pulled back on Friday as investor caution prevailed ahead of
the release of first-quarter corporate earnings, although stronger US economic
data helped offset some concerns about global growth.
SGX Nifty: Trends on SGX Nifty indicate a negative opening
for the broader index in India, a fall of 33 points or 0.28 percent. Nifty
futures were trading around 11,643-level on the Singaporean Exchange.
Good morning and welcome to the live coverage of all the
action from D-Street. Stay tuned to this blog for all live updates from the
market in India and around the world.
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