The SGX Nifty opened on a negative note today.
At 8 am, it was trading down by 42 points, or 0.4% lower at 11,630 levels.
Trends on SGX Nifty indicate a negative opening for Indian stock markets.
Asian stock markets are trading on a mixed note today. As of the most recent prices, the Nikkei is trading down by 0.8% and the Hang Seng is trading down by 0.3%.
In US, Wall Street indices rose on Thursday after fresh data showed jobless claims dropped and the economy expanded sharply in the third quarter.
US gross domestic product for the third quarter rose at an annual pace of 33.1%, the biggest gain ever. This was followed by a record drop in output earlier in the year when the virus and related shutdowns disrupted business activity across the country.
Sentiment also got a boost after President Donald Trump hinted at plans for a large additional fiscal stimulus after the election.
The Dow Jones Industrial Average ended up by 0.5%, snapping a four-session losing streak, while the Nasdaq gained 1.6%.
US stock futures are trading lower today amid concerns about the outlook for technology giants. Dow futures fell about 192 points while Nasdaq futures are trading down by 145 points or 1.3%.
Back home, Pidilite Industries and IndusInd Bank will be among the top buzzing stocks today.
Market participants will also track shares of Dixon Technologies and DLF as these companies are slated to announce their financial results for the September quarter today.
To know the top cues in today's stock market session, check out the pre-open commentary here.
Stay tuned for more updates on Indian stock markets in the upcoming commentary.
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Top cues to track in today's stock market session.
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