By Malvika Gurung
Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, traded 0.07% or 12 points lower at 8:29 am on Tuesday, indicating a flat-to-lower opening on Dalal Street.
Further, the Dow Jones Futures dipped 0.07% and Nasdaq 100 Futures slipped 0.08%.
Major US indices ended mixed on Monday after strong gains in the previous session amid investor interest now shifting to key US inflation data lined to release this week, while pharma stock Catalent Inc (NYSE:CTLT) crashed to three-year lows by 27% in the session, on lower revenue and core bottomline in 2023.
Nasdaq Composite gained 0.18%, Dow Jones fell 0.17%, and S&P 500 advanced 0.05%.
Asian shares traded mixed on Tuesday following similar cues from overnight trade on Wall Street, as investors awaited China’s trade data as well as US inflation for April 2023 this week.
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At 8:28 am, South Korea’s KOSPI declined 0.39%, Japan’s Nikkei 225 surged 0.77%, Hong Kong’s Hang Seng index fell 0.33%, China’s Shanghai Composite rose 0.44% and Australia’s ASX 200 dipped 0.28%.
Oil prices traded lower on Tuesday, with Brent crude down 0.35% at $76.74/barrel and WTI Futures traded 0.3% lower at $72.95 a barrel. Natural Gas Futures declined 0.67%.