Indian equities are likely to open flat on Friday, Sept. 21,
2012. SGX Nifty is trading at 5,564.5 (07.34 a.m.), 4.5 points
higher than Thursday"s closeof 5,561.
Asian stocks rose, with a regional index paring its first
decline in three weeks, as oil and copper advanced. South Korea"s
won strengthened. Japanese benchmark index Nikkei 225 rose 34.52
points, or 0.38%, to trade at 9,121.50.
Oil prices fell below USD 92 a barrel Thursday in international
markets. New York"s main contract, light sweet crude for October
dipped 13 cents to USD 91.85 a barrel after shedding more than
three dollars on Wednesday. Brent North Sea crude for delivery in
November gained 76 cents to USD 108.95 a barrel in late London
deals on Thursday.
US stocks fell on Thursday as data from China to Japan and
Europe increased concern that a global economic slowdown is
worsening. The Dow Jones industrial average rose 18.97 points, or
0.14%, to close at 13,596.93.
European stocks declined on Thursday after a report signaled
that Chinese manufacturing will contract for an 11th month, adding
to concern the global economic slowdown is deepening. UK"s
benchmark index FTSE 100 declined 33.84 points, or 0.57%, to end at
In the spot market, the Dollar Index increased 0.01% to 79.41
World commodity prices fell on Thursday with the decrease in
Reuters Jefferies CRB Index by 0.48%.