Domestic markets ended higher in a highly volatile Thursday session ahead of RBI policy outcome. In today's trade, markets are likely to be volatile amid RBI policy decision announcement scheduled later today.

Gift Nifty (Earlier SGX Nifty) signals a positive start

GIFT Nifty on the NSE IX traded higher by 16.00 points, or 0.06 per cent, at 24,781.00, signaling that Dalal Street was headed for positive start.

US stocks dip

U.S.stocks ended lower on Thursday, with UnitedHealth down sharply and technology shares easing as investors awaited Friday's jobs report.

◦ Dow down 0.6%,

◦ S&P 500 dips 0.2%,

◦ Nasdaq falls 0.2%

Asian shares down

Asian equities tracked a drop in US shares ahead of jobs data that may help shape the direction of the Federal Reserve's policy path later this month.

◦ S&P 500 futures fell 0.1% as of 9:15 a.m. Tokyo time

◦ Hang Seng futures were little changed

°Japan's Topix was little changed

◦ Australia's S&P/ASX 200 fell 0.3%

◦ Euro Stoxx 50 futures rose 0.7%

Rupee

The rupee recovered from its all-time low level and settled for the day with gains of just 3 paise at 84.72 (provisional) against the US dollar in a range-bound trade on Thursday.

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