At 7:30 am, the Nifty futures were trading lower by 0.13 per cent on Singapore Stock ExchangeThe domestic stock markets are most likely to open on a subdued note, going by soft signals from SGX Nifty.

Trends on SGX Nifty suggest a flat-to-negative start for the Nifty, with a loss of 21.50 points or 0.13 percent.

At 7:30 am, the Nifty futures were trading around 16,358, lower by 21 points or 0.13 per cent, on the Singapore Stock Exchange.Asian markets are trading lower; Kospi was down 1 per cent, whereas Hang Seng, Straits Times and Shanghai Composite had actually shed 0.3-0.9 per cent.The Dow and S&P 500 jumped to record closes for a third straight day on Thursday, with mega-cap innovation stocks driving the marketplace greater as financiers warmed to jobs data showing a consistent U.S.

financial recovery.The Dow Jones rose 0.04 per cent, the S&P 500 got 0.30 per cent and the Nasdaq Composite included 0.365 per cent.Meanwhile, oil prices succumbed to a 2nd day on Friday after the IEA alerted that need growth for crude and its products had slowed sharply as surging cases of COVID-19 worldwide has actually required federal governments to revive restrictions on movement.On the profits front, Godrej Industries, Grasim Industries, NBCC (India), NHPC and ONGC will declare their June quarter numbers during the day.On Thursday, Sensex closed higher by 318 points or 0.58 per cent at 54,843.98 and Nifty settled at 16,364.40, up 82 points or 0.50 percent.