The Indian stock market is expected to open on a cautious note as trends on SGX Nifty indicate a positive opening for the index in India with a 17-points gain. The market ended lower due to profit-booking in the final hour of the trade on October 27, snapping two days of gains. Sensex was down 206.93 points, or 0.34 percent, at 61,143.33, and the Nifty was down 57.40 points, or 0.31 percent, at 18,211.US MarketsThe Nasdaq ended little changed on Wednesday, boosted by gains in Microsoft and Google parent Alphabet on the heels of their quarterly results, but a drop in oil prices and a pullback in Treasury yields weighed on cyclical sectors and pulled the S&P 500 lower.Asian MarketsShares in Asia-Pacific declined in Thursday morning trade as investors await the Bank of Japan's latest monetary policy announcement.The Nikkei 225 in Japan declined 1.2% in early trade while the Topix index shed 1.13%. Retail sales in Japan fell 0.6% in September from a year earlier, according to government data released Thursday.SGX NiftyTrends on SGX Nifty indicate a cautious opening for the index in India with a 17-points gain. The Nifty futures were trading at 18,229 on the Singaporean Exchange around 07:30 hours IST.
The Indian stock market is expected to open on a cautious note as trends on SGX Nifty indicate a positive opening for the index in India with a 17-points gain. The market ended lower due to profit-booking in the final hour of the trade on October 27, snapping two days of gains. Sensex was down 206.93 points, or 0.34 percent, at 61,143.33, and the Nifty was down 57.40 points, or 0.31 percent, at 18,211.US MarketsThe Nasdaq ended little changed on Wednesday, boosted by gains in Microsoft and Google parent Alphabet on the heels of their quarterly results, but a drop in oil prices and a pullback in Treasury yields weighed on cyclical sectors and pulled the S&P 500 lower.Asian MarketsShares in Asia-Pacific declined in Thursday morning trade as investors await the Bank of Japan's latest monetary policy announcement.The Nikkei 225 in Japan declined 1.2% in early trade while the Topix index shed 1.13%. Retail sales in Japan fell 0.6% in September from a year earlier, according to government data released Thursday.SGX NiftyTrends on SGX Nifty indicate a cautious opening for the index in India with a 17-points gain. The Nifty futures were trading at 18,229 on the Singaporean Exchange around 07:30 hours IST.