Nifty futures were trading 38 points higher at 15,813 on Singaporean Exchange. The trends on SGX Nifty indicated a positive opening for BSE Sensex and Nifty 50 on the last day of the week. In the absence of any major event in the domestic market, Indian share markets will closely watch global cues, along with COVID-19 cases and the pace of vaccination drive. Asian stock markets were seen trading mixed, even as S&P 500 made a record closing on Wall Street in overnight trade. Analysts believe that Nifty remains in positive territory and may move towards 16,000.
Global markets: Shares in Asian stock markets were seen trading mixed. Japan’s Nikkei 225 was up 0.3 per cent while the Topix fell 0.12 per cent Over in South Korea, the Kospi edged nearly half a per cent higher. Shares in Australia were higher as the S&P/ASX 200 climbed 0.12 per cent. Wall Street stocks ended higher on Thursday, with the S&P 500 closing above its prior record high set on May 7. The Dow Jones Industrial Average rose 0.06 per cent, the S&P 500 gained 0.47 per cent, and the Nasdaq Composite added 0.78 per cent.