 "Pre-market: Flat opening likely amid mixed global cues")
Markets are likely to see a flat opening following muted global cues. At 0830 hrs, the SGX Nifty was flat at 6,277.
In Asia, markets steadied on Friday as Japanese shares recouped early losses, though investors were pensive ahead of jobs data that could make or break the case for an imminent scaling back in U.S. stimulus.
Defying a soft finish on Wall Street, Tokyo's Nikkei edged up 0.2% in morning trading, recouping a little of the 3.6% loss suffered in the previous two sessions.
Overnight, U.S. stocks fell on Thursday, with the Dow and S&P 500 dropping for a fifth straight session after a round of mixed economic data left traders guessing as to when the Federal Reserve would begin to slow its stimulus program.
The Dow and the S&P 500 are in their worst stretch since September. However, the moves have been slight, with the S&P 500 down about 1.2% over the period.
The Dow Jones industrial average slipped 0.43%, to end at 15,821. The Standard & Poor's 500 Index fell 0.43%, to finish at 1,785. The Nasdaq Composite Index dropped 0.12%, to close at 4,033.
Watch out for Jet Airways, Power Grid, Mahindra & Mahindra, SKS Microfinance and Mphasis.
In Asia, markets steadied on Friday as Japanese shares recouped early losses, though investors were pensive ahead of jobs data that could make or break the case for an imminent scaling back in U.S. stimulus.
Defying a soft finish on Wall Street, Tokyo's Nikkei edged up 0.2% in morning trading, recouping a little of the 3.6% loss suffered in the previous two sessions.
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Shares across the region seemed to take some heart and MSCI's broadest index of Asia-Pacific shares outside Japan turned flat after an early dip.
Overnight, U.S. stocks fell on Thursday, with the Dow and S&P 500 dropping for a fifth straight session after a round of mixed economic data left traders guessing as to when the Federal Reserve would begin to slow its stimulus program.
The Dow and the S&P 500 are in their worst stretch since September. However, the moves have been slight, with the S&P 500 down about 1.2% over the period.
The Dow Jones industrial average slipped 0.43%, to end at 15,821. The Standard & Poor's 500 Index fell 0.43%, to finish at 1,785. The Nasdaq Composite Index dropped 0.12%, to close at 4,033.
Watch out for Jet Airways, Power Grid, Mahindra & Mahindra, SKS Microfinance and Mphasis.