Indian Indices:
Indian markets are likely to witness a flat opening on Friday tracking a bearish trend across markets in Asia and a flat finish at Wall Street overnight as traders remained wary ahead of US September jobs report. SGX Nifty is trading 1.50 points higher.
Indian shares closed lower on Thursday as investors booked profits in cement stocks after a stellar rally this week and amid caution ahead of the US payrolls data, which is expected to give a better idea about the Federal Reserve's likely policy stance The S&P BSE Sensex and CNX Nifty down by 0.41%-0.39%.
On Thursday (October 06, 2016), SENSEX closed at 28106.21, fell by 114.77 points or by 0.41% and the NSE Nifty ended at 8709.55, slipped by 34.40 points or by 0.39%.
Global Market:
Asian stocks retreated on Friday as weakness in the pound rattled traders, while investors remained sidelined ahead of the key US September jobs report due later today
US stocks flatlined on Thursday as investors abstained from making big bets ahead of Friday’s much-anticipated September jobs report.
European shares fell on Thursday after easyJet dropped to its lowest in more than three years, although the beaten-down banking sector rose for the third straight session.
Major Headlines of the day:
M&M starts zero-emission journey with eSupro
Lupin, MonoSol Rx sign licensing pact for pediatric products
SAIL to invest Rs 255 cr to expand capacity of Bolani mines
Trend in FII flows: The FIIs were net buyers of Rs 353.8 Cr in the cash segment on Thursday while the DIIs were net sellers of Rs -124.45 Cr, as per the provisional figures.
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