U.S. stocks closed near the unchanged mark on Thursday as investors assessed earnings and economic data. Federal Reserve officials indicated no immediate interest rate cuts.
Foreign portfolio investors turn net buyers at Rs 2,778 crore on Wednesday after two days of selling. DIIs, meanwhile, bought shares worth Rs 163 crore.
The S&P 500 was 0.9% lower in morning trading and heading for a second straight weekly loss and the Nasdaq composite was 1% lower. JPMorgan Chase fell 5.1% despite reporting stronger profit for the first three months of the year than analysts expected.