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At 7:30 am, the Nifty futures were trading lower by 0.7 percent on Singapore Stock ExchangeThe domestic stock markets are most likely to open at a loss on the back of negative worldwide cues.
Patterns on SGX Nifty suggest a gap-down opening for the Nifty in India, with a 190-points loss.
At 7:30 am, the Nifty futures were trading at 15,559, lower by 190 points or 0.7 per cent, on the Singapore Stock Exchange.Asian stocks dropped on Monday as financiers mulled the ramifications of a surprise hawkish shift recently by the U.S.
Federal Reserve, while the Treasury yield curve flattened further with 30-year yields dropping below 2 per cent.Japan's Nikkei led decreases with a 3.3 percent drop and dipped listed below 28,000 for the very first time in a month, while MSCI's broadest index of Asia-Pacific shares outside Japan fell 1 percent in early trading.US stocks ended sharply lower on Friday, with the Dow and S-P 500 posting their worst weekly efficiencies in months, after comments from Federal Reserve official James Bullard that the U.S.
central bank might raise rates of interest sooner than formerly expected spooked investors.The Dow Jones fell 1.58 per cent, the S-P 500 lost 1.31 percent and Nasdaq Composite dropped 0.92 percent,.
In corporate incomes, Oil India, Bharat Dynamics, Info Edge and Jaiprakash Associates will state their Q4 numbers throughout the day.On Friday, the BSE Sensex had gained 21.12 points to close at 52,344.45, whereas the NSE Nifty had decreased eight indicate 15,683.40.
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