Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 2 points at the opening bell.

On the macro front, the all-India general CPI inflation jumped to 4.62% in October 2019 (new base 2012=100), compared with 3.99% in September 2019. The corresponding provisional inflation rate for rural area was 4.29% and urban area 5.11% in October 2019 as against 3.24% and 4.78% in September 2019.

Overseas, most Asian stocks were trading higher on Thursday as investors awaited key Chinese data. Japan's economy grew an annualised 0.2% in the third quarter, slowing sharply from a revised 1.8% expansion in April-June, preliminary gross domestic product (GDP) data released by the government showed on Thursday.

In US, the Dow Jones Industrial Average and the S&P 500 posted record closing highs on Wednesday helped by a big jump in Walt Disney shares, but the Nasdaq fell as stocks were kept in check by fresh uncertainty over U.S.-China trade relations.

Back home, the benchmark indices ended with significant losses on Wednesday, dragged by banks and metal stocks. The barometer index, the BSE Sensex fell 229.02 points or 0.57% to close at 40,116.06. The Nifty 50 index fell 73 points or 0.61% to close at 11,840.45.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 584.92 crore yesterday, 13 November 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 890.03 crore yesterday, 13 November 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 14 points at the opening bell.

On the macro front, industrial production contracted 4.3% in September, mainly due to poor performance in the manufacturing sector, data released on Monday showed. Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 4.6% in September 2018.

Overseas, Asian stocks were trading lower on growing worries U.S.-China trade talks.

In US, the benchmark S&P 500 stock index eked out a slim gain on Tuesday as President Donald Trump reportedly said the United States is close to signing an initial trade deal with China but offered no new details about negotiations.

Back home, the benchmark indices ended with small gains after a volatile session on Monday. The key indices, which hovered in negative terrain for most part of the session, recovered in late trade, supported by decent buying in banks shares. The barometer index, the BSE Sensex rose 21.47 points or 0.05% to close at a 40,345.08. The Nifty 50 index rose 4.80 points or 0.04% to 11,912.95.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 664.20 crore on Monday, 11 November 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 245.06 crore on Monday, 11 November 2019, as per provisional data. The domestic stock market remained shut on Tuesday, 12 November 2019, for Gurunanak Jayanti.

Indices are poised for a weak opening. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 49 points at the opening bell. Adani Ports & Special Economic Zone, Coal India and Hindalco Industries will announce their quarterly results today, 11 November 2019.

On the macro front, India's industrial production data for September 2019 will be announced today, 11 November 2019. Manufacturing production data for September 2019 will also be announced today.

Overseas, Asian stocks were trading lower on Monday led by slide in Hong Kong shares after two protesters were shot by police during the morning commute.

In US, the three major stock indexes posted record closing highs on Friday as investors brushed aside worries over the progress of U.S.-China trade talks and as Walt Disney shares rose.

Meantime, Saudi Aramco will allow investors to start bidding for shares starting on November 17. The firm said it'll provide the number and percentage of shares sold at a later stage, with book-building kicking off this week.

U.K.'s sovereign credit rating was placed on negative outlook by Moody's Investors Service, which said the country's ability to set policy has weakened in the Brexit era along with its commitment to fiscal discipline.

Back home, the market reversed two-rising streak amid broad based selling pressure on Friday. Sentiment was affected after Moody's cut India's credit ratings outlook to negative from stable, citing the government's struggle to lift economic growth and narrow the budget deficit. The barometer index, the BSE Sensex fell 330.13 points or 0.81% to close at a 40,323.61. The Nifty 50 index fell 103.90 points or 0.86% to 11,908.15.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 932.20 crore on Friday, 8 November 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 584.48 crore on Friday, 8 November 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 56 points at the opening bell. Eicher Motors, GAIL (India), Mahindra & Mahindra and Tata Power Company will announce their quarterly results today, 8 November 2019.

Meanwhile, India's credit ratings outlook was reportedly cut to negative from stable by Moody's Investors Service on concern the government won't be able to help stunted economic growth. Moody's cited a growing debt burden and the government's struggle to narrow the budget deficit.

Overseas, most Asian markets were trading higher after China said it had agreed with the United States to cancel tariffs in phases.

In US, the Dow and S&P 500 notched record closing highs on Thursday as the latest signs of progress in U.S.-China trade relations relieved investors, but a report raising fresh worries about the outlook for a deal limited the day's gains.

Back home, the benchmark indices extended gains for second straight session on Thursday, reacting to development on the US-China trade front. The barometer index, the BSE Sensex rose 183.96 points or 0.45% to close at a 40,653.74, its record closing high level. The Nifty 50 index rose 50.05 points or 0.42% to 12,016.10.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 926.60 crore yesterday, 7 November 2019 as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 635.59 crore yesterday, 7 November 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 3 points at the opening bell.

The Union Cabinet chaired by Prime Minister Narendra Modi yesterday approved the establishment of a 'Special Window' fund to provide priority debt financing for the completion of stalled housing projects that are in the Affordable and Middle-Income Housing sector. For the purposes of the fund, the government shall act as the Sponsor and the total commitment to be infused by the Government would be upto Rs 10,000 crore.

Overseas, Asian shares were trading mixed on Thursday.

US stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares.

A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue.

Back home, key equity benchmarks reversed early losses and ended in the green on Wednesday. Positive global cues supported sentiment. The barometer index, the BSE Sensex rose 221.55 points or 0.55% to close at a 40,469.78. The Nifty 50 index rose 48.85 points or 0.41% to 11,966.05.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 1011.49 crore yesterday, 6 November 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 1117.25 crore yesterday, 6 November 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 4 points at the opening bell. Tech Mahindra and Titan Company will announce their quarterly results today, 5 November 2019.

On the macro front, Markit Services PMI for October 2019 will be unveiled today, 5 November 2019.

Overseas, Asian stocks were trading higher Tuesday following record closes overnight on Wall Street. A private survey of China's services sector showed activity slowing to a eight month low in October. The Caixin/Markit services Purchasing Managers' Index (PMI) for October came in at 51.1 - its lowest reading since February. The 50-point level separates expansion from contraction in PMI readings.

In US, the Dow Jones Industrial Average joined other major indexes in record territory Monday, with stocks propelled higher as optimism about a near-term U.S.-China trade resolution and a third-quarter earnings season that has been better than feared buoyed sentiment on Wall Street.

On the trade front, China said Friday it reached a consensus with the U.S. in principle following talks last week. Last month, U.S. President Donald Trump said both sides had come to a very substantial phase one trade agreement that is expected to be signed later in November.

Back home, key equity indices extended their winning streak for seventh trading session and ended with decent gains on Monday, supported by positive global cues. The barometer index, the BSE Sensex rose 136.93 points, or 0.34%, to attain a record closing high of 40,301.96. The Nifty 50 index rose 54.55 points, or 0.46%, to end at 11,945.15.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 138.53 crore yesterday, 4 November 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 500.24 crore yesterday, 4 November 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 5 points at the opening bell.

Overseas, Asian stocks were trading higher as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors' appetite for riskier assets.

U.S. stocks gained on Friday as the S&P 500 set a closing record for the third time in five days after an upbeat U.S. jobs report and data on Chinese manufacturing eased concerns about slowing global growth.

The United States and China both said on Friday that they had made progress in talks aimed at defusing their protracted 16-month-long trade war, and U.S. officials reportedly said a deal could be signed this month.

Back home, key equity benchmarks ended with tepid gains on Friday. The barometer index, the BSE Sensex rose 35.98 points or 0.09% to 40,165.03. The Nifty 50 index rose 22.05 points or 0.19% to 11,899.50. Strong gains were capped as weak domestic economic data spoiled sentiment.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 533.37 crore on Friday, 1 November 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 136.50 crore on Friday, 1 November 2019, as per provisional data.

Stocks may take a breather on profit booking after logging gains for five consecutive days. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 12 points at the opening bell. Auto companies will be in focus as these companies will start declare their October monthly sales.

On the macro front, the combined Index of Eight Core Industries stood at 120.6 in September, 2019, which declined by 5.2% as compared to the index of September, 2018.

Meanwhile, German Chancellor Angela Merkel arrived in Delhi on 31 October on a two-day visit during which she will reportedly hold talks with Prime Minister Narendra Modi on a host of bilateral issues, with nearly 20 agreements expected to be signed between the two countries.

Overseas, most Asian stocks were trading higher ahead of U.S. economic data.

US stocks fell on Thursday as conflicting tones surrounding a possible trade deal between the United States and China eclipsed strong earnings reports from Apple and Facebook.

Back home, the market ended with decent gains on Thursday, supported by banks and IT stocks. The barometer index, the BSE Sensex rose 77.18 points or 0.19% to 40,129.05. The Nifty 50 index rose 33.35 points or 0.28% to 11,877.45.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 1870.87 crore yesterday, 31 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 650.73 crore yesterday, 31 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 42 points at the opening bell.

Overseas, most Asian stocks are trading higher after the US Federal Reserve decided to cut rates for the third time this year but signaled its rate-cut cycle might be at a pause.

Factory activity in China shrank for the sixth straight month in October, official data showed. The official Purchasing Managers' Index (PMI) was at 49.3 in October, dipping from 49.8 in September.

US markets ended higher with the S&P 500 closing at a record for the second time in three sessions, after the U.S. Federal Reserve decided to cut interest rates by a quarter of a percentage point.

The Federal Reserve slashed interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world but signaled that there would be no further reductions unless the economy takes a turn for the worse. The U.S. central bank announced its decision to cut its key overnight lending rate by a quarter of a percentage point to a target range of between 1.50% and 1.75%.

Back home, the market advanced for the fourth straight trading session on Wednesday, supported by banks, FMCG and IT stocks. The barometer index, the BSE Sensex, rose 220.03 points or 0.55% to 40,051.87. The Nifty 50 index rose 57.25 points or 0.49% to 11,844.10.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 7192.42 crore yesterday, 30 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 185.87 crore yesterday, 30 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 21 points at the opening bell.

Overseas, Asian shares were trading lower on Wednesday ahead of the outcome of the US Federal Reserve policy meeting. Also, there are signs that a Sino-U.S. first-stage trade deal could be delayed.

U.S. stocks ended with small losses on Tuesday as trade headlines and a spate of corporate earnings.

The US Federal Reserve began its two-day policy meeting yesterday, 29 October 2019 and interest rate decision will be announced today, 30 October 2019. A third consecutive interest rate cut of 25 basis points is widely expected, as the central bank attempts to avert a slowdown that has gripped much of the developed world.

Back home, domestic shares rallied on Tuesday on reports that the government is mulling over changes in income tax implications on equity investment. Optimism over US-China trade deal and the European Union extending Brexit deadline to 31 January 2020, also triggered buying. The barometer index, the BSE Sensex, jumped 581.64 points or 1.48% to 39,831.84. The Nifty 50 index also soared 159.70 points or 1.37% to 11,786.85.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 876.64 crore yesterday, 29 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 144.75 crore yesterday, 29 October 2019, as per provisional data.

Domestic shares are likely to open higher amid positive global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 11 points at the opening bell.

In overseas markets, Asian shares traded higher Tuesday as investors monitor further developments on the US-China trade front with the two economic powerhouses working toward a deal.

In the US market, the S&P 500 hit a record high on Monday as investors cheered strong earnings and progress on US-China trade. Microsoft shares contributed to Monday's gains on news the company won a $10 billion cloud contract from the Defense Department.

The Office of the U.S. Trade Representative said Monday that Washington will consider extending certain tariff exclusions on $34 billion worth of imports from China. The USTR said last week that China and the U.S. are close to finalizing a phase one deal.

U.S. President Donald Trump reportedly said the deal with China is expected to be signed 'ahead of schedule,' but did not elaborate on the timing. Chinese state-run news agency Xinhua also pointed to progress being made on trade.

Meanwhile, the US Federal Reserve begins its two-day policy meeting today, 29 October 2019 and interest rate decision will be announced on 30 October 2019. A third consecutive interest rate cut of 25 basis points is widely expected, as the central bank attempts to avert a slowdown that has gripped much of the developed world.

Closer home, the BSE and NSE conducted a special one-hour muhurat trading session on Sunday, 27 October 2019, between 6.15 pm and 7.15 pm to mark the beginning of the Hindu calendar year. Traders and investors traditionally make token purchases of stocks during the muhurat session.

The domestic stock market entered Vikram Samvat 2076 on a positive note. The barometer index, the S&P BSE Sensex, rose 192.14 points or 0.49% at 39,250.20. The Nifty 50 index rose 44.10 points or 0.38% at 11,628.

In muhurat trading, foreign portfolio investors (FPIs) bought shares worth a net Rs 6.61 crore while domestic institutional investors (DIIs) purchased shares worth a net Rs 54.39 crore, as per provisional data released by the stock exchanges.

The BSE and NSE will conduct a special 'muhurat' trading session today, 27 October 2019, from 6.15 pm to 7.15 pm to mark the beginning of the Hindu calendar year (Vikram Samvat 2076).

Shares are seen opening higher tracking positive close in the US stock market on Friday, 25 October 2019.

In the US, investors cheered strong quarterly earnings from Intel along with apparent progress on the US-China trade front. On Friday, the Dow Jones Industrial Average closed 152.23 points higher, or 0.6% at 26,958.06. The Nasdaq Composite advanced 0.7% to 8,243.12.

Meanwhile, US President Donald Trump plans to make a major statement at the White House at 9 am EST (6:30 pm IST) on Sunday, 27 October 2019. Trump tweeted that Something very big has just happened! but did not follow up with further details.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 435.42 crore on Friday, 25 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) purchased shares worth a net Rs 440.16 crore Friday, 25 October 2019, as per provisional data.

The Sensex inched higher while the Nifty ended almost flat after a volatile session on Friday, 25 October 2019. The barometer index, the BSE Sensex, rose 37.67 points or 0.10% to 39,058.06. The Nifty 50 index rose 1.30 points or 0.01% to 11,583.90.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 29 points at the opening bell. State Bank of India and Tata Motors will declare their quarterly results on 25 October 2019.

Overseas, Asian shares inched up on Friday as positive earnings offset economic growth concerns.

U.S. stock benchmarks closed mixed Thursday, with the Dow pinned lower by a tumble in shares of 3M, amid a flurry of corporate quarterly results rolling out on Wall Street.

U.S. economic reports, however, were mixed on Thursday, with durable-goods orders dropping 1.1% last month, the government said Thursday. The decline over the past 12 months steepened to 5.4%, marking the biggest yearly drop-off since the middle of 2016. And sales of newly constructed homes in the U.S. decreased 0.7% on a monthly basis in September to a seasonally-adjusted annual rate of 701,000, the government reported Wednesday.

The ECB left its main deposit facility rate at negative 0.5% and its main lending rate at 0%. The rate-setting Governing Council repeated that it expects to keep rates at “present or lower levels” until inflation, which has remained stubbornly low, “robustly” converges with its target of near but just below 2%. It also reiterated that it will begin a controversial bond-buying program at a pace of euro 20 billion a month beginning in November.

Back home, key equity barometers ended with small losses on Thursday. The barometer index, the BSE Sensex, fell 38.44 points or 0.10% to 39,020.39. The Nifty 50 index declined 21.50 points or 0.19% to 11,582.60.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 72.87 crore yesterday, 24 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 738.75 crore yesterday, 24 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 31 points at the opening bell. ITC and Maruti Suzuki India will announce their quarterly results today, 24 October 2019.

On the political front, results of the assembly elections will be declared today, 24 October 2019. Exit polls predicted a comfortable win for the BJP in Maharashtra and Haryana assembly elections. Polling was held on 21 October 2019.

Overseas, Asian shares are trading higher on Thursday with corporate earnings buffeting trading as investors remained anxious about the business impact of the Sino-U.S. trade war while Brexit uncertainties kept overall sentiment in check.

U.S. stocks edged higher on Wednesday as investors shrugged off lackluster quarterly reports from industrial bellwethers Boeing Co and Caterpillar Inc.

EU member states on Wednesday delayed a decision on whether to grant Britain a three-month Brexit extension. Prime Minister Boris Johnson said if the deadline is deferred to the end of January, he would call an election.

Back home, key equity barometers resumed uptrend on Wednesday after a day's breather. The barometer index, the BSE Sensex, rose 94.99 points or 0.24% to 39,058.83. The Nifty 50 index rose 15.75 points or 0.14% to 11,604.10.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 213.23 crore yesterday, 23 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 137.38 crore yesterday, 23 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 9 points at the opening bell. Bajaj Auto, HCL Technologies, Hero MotoCorp and Larsen & Toubro will declare their quarterly results today, 23 October 2019.

Overseas, Asian stocks were trading lower on Wednesday after developments on Brexit sapped risk appetite.

US stocks ended lower on Tuesday after British lawmakers rejected the government's proposed timetable for passing legislation to ratify its deal to exit the European Union.

Back home, the market tumbled on Tuesday as traders booked profits after six-day rising streak. A sharp fall in IT major Infosys put pressure on bourses. Selling in Bajaj Finance and Bharti Airtel also weighed on key indices. The barometer index, the BSE Sensex, fell 334.54 points or 0.85% to 38,963.84. The Nifty 50 index fell 71.95 points or 0.62% to 11,589.90.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 557.50 crore yesterday, 22 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 985.47 crore yesterday, 22 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 30 points at the opening bell. The domestic stock market was closed yesterday, 21 October 2019, on account of assembly elections in Maharashtra.

On the political front, exit polls predicted a comfortable win for the BJP in Maharashtra and Haryana assembly elections.

Overseas, most Asian stocks were trading higher on Tuesday supported by signs of progress in talks on resolving the US-China trade dispute.

US stocks rose on Monday as signs of work to resolve the US-China trade war bolstered investor hopes.

U.S. President Donald Trump sounded reportedly upbeat on a China deal on Monday, while White House adviser Larry Kudlow said tariffs on Chinese goods scheduled for December could be withdrawn if talks go well.

British Prime Minister Boris Johnson failed to get a vote on his Brexit deal and will try again on Tuesday to get the first stage of a withdrawal bill through Parliament.

Back home, the market extended rally for sixth straight session on Friday. The sentiment was boosted by foreign funds turning net buyers of Indian stocks in the past few sessions. Better-than-expected Q2 results from a few companies also supported buying. The barometer index, the BSE Sensex, rose 246.32 points or 0.63% to 39,298.38. The Nifty 50 index rose 75.50 points or 0.65% to 11,661.85.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 36.56 crore on Friday, 18 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 586.88 crore on Friday, 18 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 35 points at the opening bell. Ambuja Cements and Reliance Industries will unveil their quarterly results today, 18 October 2019.

The Reserve Bank of India (RBI) will today, 18 October 2019 announce the minutes of its fourth bi-monthly monetary policy review meeting held on 4 October 2019.

Overseas, Asian stocks were trading lower on Friday on concern about the Chinese economy. The China Q3 GDP Growth Rate will be announced today, 18 October 2019.

US stocks rose on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments.

Back home, key benchmark indices rallied on Thursday, supported by banks, autos and FMCG stocks. Sentiment got a boost after European Union (EU) and UK negotiators reached a draft agreement on a new Brexit deal. Key domestic barometers extended gains to the fifth day. The barometer index, the BSE Sensex, rose 453.07 points or 1.17% to 39,052.06. The Nifty 50 index rose 122.35 points or 1.07% to 11,586.35.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 1158.63 crore yesterday, 17 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 511.76 crore yesterday, 17 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 8 points at the opening bell.

Overseas, Asian stocks were trading higher on Thursday as negotiations on a Brexit deal continued.

US stocks fell on Wednesday as weak US economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports.

US President Donald Trump on Wednesday reportedly said Washington was in talks with some new people in Europe about trade issues and he hoped the discussions would be successful, as Italy's president urged Trump to avoid counterproductive tariffs.

Meanwhile, US and Chinese trade negotiators are reportedly working on nailing down a Phase 1 trade deal text for their presidents to sign next month. US Treasury Secretary Steven Mnuchin was quoted as saying that he was prepared to travel to Beijing for more meetings if necessary.

Back home, key benchmark indices ended higher on Wednesday, tracking positive Asian cues and decent Q2 earnings. The key barometers advanced for fourth straight session even though the market breadth was titled in favour of sellers. The barometer index, the BSE Sensex, rose 92.90 points or 0.24% to 38,598.99. The Nifty 50 index rose 43.25 points or 0.38% to 11,471.55.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 686.33 crore yesterday, 16 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1576.73 crore yesterday, 16 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 34 points at the opening bell.

India's merchandise exports declined for second straight month at 6.6% to US$ 26.03 billion in September 2019 over a year ago. Meanwhile, merchandise imports also dipped 13.8% to US$ 36.89 billion. The trade deficit narrowed 27.4% to seven month low of US$ 10.86 billion in September 2019 from US$ 14.95 billion in September 2018.

The International Monetary Fund (IMF) has reduced India's growth forecast for FY20 by 90 basis points to 6.1%, down from the 7%estimate in July. Meanwhile, the growth forecast for FY21, which stood at 7.2%in July, was slashed by 20 bps to 7%. The downward revision in India's growth forecast by the IMF reflects a weaker-than-expected outlook for domestic demand. Monetary policy easing and the recent corporate tax rate cuts are to support growth with a lag, the IMF said. Government programs to support rural consumption will also aid growth, it added.

Overseas, Asian shares are trading higher as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit.

US stocks gained on Tuesday on strong US corporate results and a possible deal to avoid a disorderly British exit from the European Union.

Back home, key benchmark indices ended with strong gains on Tuesday, tracking positive global sentiments triggered by China confirming phase-one trade deal with the US. The barometer index, the BSE Sensex, rose 291.62 points or 0.76% to 38,506.09. The Nifty 50 index rose 87.15 points or 0.77% to 11,428.30.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 436.02 crore yesterday, 15 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 929.39 crore yesterday, 15 October 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 42 points at the opening bell.

Overseas, most Asian stocks were trading higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.

US stocks edged lower on Monday as uncertainties following recent US-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday.

Back home, key benchmark indices ended with decent gains on Monday. Domestic shares tracked strength in other Asian stock markets which rose after progress on US-China trade talks. The indices, however, sharply pared gains in late trade amid profit selling at higher levels. The barometer index, the BSE Sensex, rose 87.39 points or 0.23% to 38,214.47. The Nifty 50 index rose 36.10 points or 0.32% to 11,341.15.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 895.63 crore yesterday, 14 October 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 425.15 crore yesterday, 14 October 2019, as per provisional data.