Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 32 points at the opening bell.
Overseas, most Asian equities were trading higher on Friday but investor sentiment remained fragile following weak data from China and Germany.
In US, the benchmark S&P 500 stock index posted small gain to end with a record closing high on Thursday.
The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow reportedly said, citing what he called very constructive talks with Beijing about ending a 16-month trade war. Kudlow said negotiators for the world's two largest economies were in close touch via telephone but he gave no further details on the timing of a possible deal.
Back home,key equity barometers ended with decent gains on Thursday after oscillating between gains and losses for the first half of the trading session. The barometer index, the BSE Sensex, rose 170.42 points or 0.42% to close at a 40,286.48. The Nifty 50 index rose 30 points or 0.25% to 11,870.45.
The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 562.05 crore yesterday, 14 November 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 82.74 crore yesterday, 14 November 2019, as per provisional data.
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