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At 7:30 am, the Nifty futures were trading greater by 0.65 percent on Singapore Stock ExchangeThe domestic stock markets are most likely to open in the green as patterns on the back of favorable international hints.
Patterns on SGX Nifty show a positive opening for the index in India, with a 74-point gain.
At 7:30 am, the Nifty futures were trading at 15,767, higher by 74 points or 0.65 percent, on the Singapore Stock Exchange.Asian markets were blended in Friday morning trade following an overnight drop for the Dow Jones Industrial Average on Wall Street.
In Japan, the Nikkei 225 gained 0.14 per cent while the Topix index slipped 0.55 per cent.
South Korea's Kospi traded fractionally higher.
The S-P/ASX 200 in Australia advanced 0.17 per cent.U.S.
innovation shares jumped on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on financial policy kept the S-P 500 subdued.The Dow Jones was down 0.57 percent, while the S-P 500 was up 0.06 per cent and Nasdaq Composite was up 1.09 per cent.Meanwhile, petroleum rates fell almost 2 percent from their greatest level in years on June 17 as the dollar enhanced after the United States Federal Reserve signified it might raise interest rates as quickly as 2023.
Brent futures fell $1.31, or 1.8 per cent, to settle at $73.08 a barrel, while U.S.
West Texas Intermediate (WTI) crude fell $1.11, or 1.5 per cent, to settle at $71.04.
On the revenues front, Ashoka Buildcon, Archidply Industries and Balaji Telefilms will reveal their quarterly results throughout the day.On Thursday, the BSE Sensex was down 178.65 points and Nifty fell 76.10 indicate 15,691.40.
Business
Sensex, Nifty Likely To Have A Favorable Opening
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