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Sensex, Nifty likely to open lower

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Nifty futures were trading 0.35 per cent down on the Singapore Stock Exchange at 8:00 am.

The domestic stock market is likely to open in the red mark due to the early signals of SGX Nifty. Asian markets opened lower and trends on SGX Nifty indicate a negative start for the domestic markets. At 8:00 am on the Singapore Stock Exchange, Nifty futures were trading 47 points or 0.35 per cent lower at 17,658.

The market is likely to remain volatile during the day on account of September derivatives expiry.

On the global front, gains in defensive stocks and Boeing helped the Dow and S&P 500 indexes recover some lost ground on Wednesday after concerns over inflation and rising Treasury yields turned one of Wall Street’s worst sales this year. gave birth to one.

The Dow Jones rose 0.30 percent to 34,402.29 and the S&P 500 rose 0.16 percent to 4,359.53; The Nasdaq Composite, however, closed 0.26 per cent lower at 14,509.17.

Shares in Asia-Pacific traded lower on Thursday morning as investors reacted to the release of Chinese factory activity data for September. Nikkei 225 slipped 0.67 per cent, Topix 0.65 per cent and Kospi 0.17 per cent.

On Wednesday, the BSE Sensex closed 254.33 points down at 59,413.27 and Nifty fell 37.30 points to 17,711.30.

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