Nifty futures were trading 161 points or 1.07 per cent down at 14,910 on Singaporean Exchange, indicating a negative opening for BSE Sensex and Nifty 50 on Friday.
BSE Sensex and Nifty 50 are likely to extend losses into the third consecutive day on Thursday, on the back of continuous profit-booking by investors post strong Budget-driven rally
The short term trend of Nifty continues to be positive and Wednesday's upmove could be a confirmation of bullish reversal from the lows.
BSE Sensex and Nifty 50 are expected to open in the positive territory on Wednesday, as suggested by trends in SGX Nifty. Nifty futures were trading 40.50 points or 0.28 per cent up at 14,641 on Singaporean Exchange.
Nifty futures were trading 32.50 points up at 14,287.50 on Singaporean Exchange, suggesting a gap-up start for BSE Sensex and Nifty 50 on Friday