Nifty50, Sensex up for a Muted Opening Amid Mixed Global Cues

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Nifty50, Sensex up for a Muted Opening Amid Mixed Global Cues
Credit: © Reuters.

By Malvika Gurung

Investing.com -- After recording its worst loss in about six months on Thursday, the Indian equity benchmark indices BSE Sensex 30 and Nifty50 are expected to open at a flat-to-negative note on Friday, due to mixed global cues and the ongoing earnings season.

The Nifty 50 Futures listed on the Singapore-based Exchange SGX was trading marginally lower by 0.1% at 9:00 am on Friday, indicating a muted opening for today’s session.

As per pre-market cues, US benchmarks closed on a positive note on Thursday, backed by solid gains recorded by heavyweight technology companies like Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ) and Tesla. 

Dow Jones closed 0.68% up at 35,730.48, while S&P 500 at 4,596.42, up 0.98%, and Nasdaq Composite up 1.39% at 15,448.12.

However, despite starting on a positive note on Friday, Asian shares declined in the morning. Japan’s Nikkei 225 fell 0.096%, while Nikkei 225 MSCI's broadest index of Asia-Pacific shares outside Japan traded at 651.68, 0.32% lower at 9:00 am on Friday. South Korea’s KOSPI 50 was down 0.64% at 2,990.15 during its latest trade.

 

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