The market may extend last two-day gains on firm Asian stocks. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 29 points at the opening bell. Asian stocks rose on Thursday with Japanese stocks gaining after a committee advising the ministry that oversees the world's largest pension fund said it no longer needs to focus on domestic bonds.
Asian stocks rose on Thursday with Japanese stocks gaining after a committee advising the ministry that oversees the world's largest pension fund said it no longer needs to focus on domestic bonds. Key benchmark indices in Singapore, Japan, Taiwan and Hong Kong were up 0.33% to 0.72%. Key benchmark indices in China and Indonesia fell 0.04% to 0.56%.
Nifty futures traded on the Singapore Exchange are up 0.48 percent, while the MSCI-Asia Pacific excluding Japan index also gains 0.31 percent.
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