Sensex, Nifty Seen Higher At Open

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(RTTNews) - Indian shares look set to open a tad higher on Friday as markets resume trading after a holiday on Thursday for Maharashtra Day.

Stock-specific action is likely as investors react to the latest batch of earnings results and April sales data from auto companies.

Benchmark indexes ended marginally lower on Wednesday after a choppy session.

The rupee surged 42 paise to 84.54 against the greenback, marking its highest level this year aided by the prospect of easing global trade tensions.

Asian markets were mostly higher this morning as news of trade talks between China and the U.S. helped offset disappointing earnings results from Apple Inc. and Amazon.

Apple has warned of increased costs as a result of tariffs while Amazon said it is bracing for a tougher business climate.

Meanwhile, China said it is assessing the possibility of trade talks with the U.S. after senior U.S. officials repeatedly expressed their willingness to negotiate on tariffs.

Oil prices were up around 1 percent in Asian trading after U.S. President Donald Trump threatened sanctions against buyers of Iranian oil.

The dollar was track for a third consecutive weekly gain ahead of the all-important U.S. jobs report due later in the day. Gold fell to as low as $3,220 per ounce.

U.S. stocks rose overnight as upbeat earnings news from software giant Microsoft and Facebook parent Meta Platforms helped ease concerns about artificial intelligence (AI) spending.

Economic data on the session painted a sluggish picture, with U.S. manufacturing contracting for a second straight month in April and initial unemployment claims posting an unexpected increase last week.

That followed Wednesday's data showing the U.S. economy contracted for the first time in three years in the last quarter and hiring by private-sector employers slowed to the weakest pace in nine months in April.

The tech-heavy Nasdaq Composite surged 1.5 percent to reach its best closing level in over a month, while the S&P 500 added 0.6 percent and the Dow edged up by 0.2 percent.

Most European markets were closed on Thursday for May Day. The U.K.'s FTSE 100 showed a lack of direction before finishing marginally higher.

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.

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Sensex, Nifty Struggle For Direction In Early Trade

Indian shares were little changed on Friday, giving up early gains amid mounting concerns about the impact of U.S. tariffs on Indian goods.

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Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.

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Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.

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Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers

Indian shares may open on a positive note on Friday after official data showed India's industrial output production expanded at the fastest pace in four months in July.

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Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.

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Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.

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Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.

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EURUSD	1.16674	GBPUSD	1.34984	AUDUSD	0.6538
USDJPY	147.036	USDCAD	1.37517	USDCHF	0.80211