At 7:30 am, SGX Nifty futures were trading lower by 38 points on Singapore Stock Exchange
The domestic stock markets are likely to open on a cautious note, post the nearly 2 per cent rally witnessed on Friday, going by muted global cues. Asian markets have had a quite opening and SGX Nifty futures are trading mildly in the negative. At 7:30 am, the SGX Nifty futures were trading at 15,187, lower by 38 points, on the Singapore Stock Exchange.
Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.