Indian equities are likely to open flat on Friday, Oct. 19,
2012. SGX Nifty is trading at 5,712 (07.17 a.m.), 13.5 points lower
than Thursday"s closeof 5,725.5.
Asian stocks fell as worse-than- expected earnings results from
Google Inc. and Microsoft Corp. weighed on technology shares.
Losses were limited after consumer confidence and an index of
leading indicators in the U.S. rose. Japanese benchmark index
Nikkei 225 rose 1.20 points, or 0.01%, to trade at 8,984.06.
Oil prices finished flat around USD 92 a barrel Thursday in
international markets. US benchmark crude eased 2 cents to finish
at USD 92.10 a barrel. Brent crude, which many U.S. refiners use to
make gasoline, fell 80 cents to USD 112.42 in London.
US stocks fell on Thursday, with technology stocks hit hard
after Google's surprisingly weak earnings - released prematurely
during the trading day - disappointed investors. The Dow Jones
industrial average dipped 8.06 points, or 0.06%, to close at
European stocks traded mixed on Thursday as a measure of U.S.
manufacturing beat estimates, while investors awaited the outcome
of a two-day summit of the European Union's leaders. UK's benchmark
index FTSE 100 declined 12.03 points, or 0.20%, to end at
In the spot market, the Dollar Index increased 0.01% to 79.37
World commodity prices gained on Thursday with the increase in
Reuters Jefferies CRB Index by 0.53%.