Domestic stock markets are likely to start the last session of the week on a negative note amid weakness in Asian peers. The Singapore Exchange (SGX) Nifty futures – an early indicator of the National Stock Exchange (NSE) Nifty index – declined as much as 54.5 points to 12,091.50 ahead of the opening of Indian markets. At 8:30 am, the SGX Nifty futures were down 52.00 points – or 0.43 per cent – at 12,094.00.
On Wednesday, the S&P BSE Sensex index and the broader NSE Nifty 50 benchmark had risen 428.62 points – or 1.05 per cent – to end at 41,323.00 and 133.40 points – or 1.11 per cent – to settle at 12,125.90 respectively, backed by gains across most sectors.
The capital markets will remain shut on Friday for Mahashivratri.