Markets Live: SGX Nifty Indicates Muted Start; Wipro, Mindtree, Ashoka Buildcon In Focus

Good Morning!

Indian equities recovered from the day's low to end the weekly options expiry session on a positive note. The benchmarks gained for the second day in a row after Monday's drop.

Gains on Thursday were led by private financials, pharma and metal names, while autos and PSU banks underperformed. Still, so far in this truncated week, the Sensex and NSE Nifty 50 are down more than 1.5%.

Futures are again pointing to a subdued start to the final trading day of the week. The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, was little changed at 14,631 as of 8:10 a.m. on Friday.

Asian equities have declined this morning, despite peers on Wall Street hitting new records after surprisingly robust economic data. Shares fluctuated in China and declined elsewhere in the region.

• Futures on the Dow Jones are trading 25 points lower. The index gained 0.9% on Thursday.

• Yield on the 10-year treasuries stood at 1.58%, the lowest in nearly a month.

• West Texas Intermediate crude was little changed at $63.40 per barrel.