The domestic market witnessed a broad based selloff on Thursday on the back of heightened geo-political tensions between Russia and Ukraine. Further adding to the pressure, the Adani Group faced renewed scrutiny from US prosecutors

GIFT Nifty (Earlier SGX Nifty) signals a positive start

GIFT Nifty on the NSE IX traded higher by 101.80 points, or 0.44 per cent, at 23,450.50, signaling that Dalal Street was headed for positive start on Friday.

US stocks up

Wall Street's main indexes closed higher after choppy trading on Thursday, with the

blue-chip Dow and the S&P 500 hitting one-week tops. Dow Jones Industrial Average gains were aided by cloud company Salesforce's 3.1% advance after three brokerages lifted their price targets on the stock.

◦ Dow 1.06%,

◦ S&P 0.53%,

Nasdaq 0.03%

Asian shares gain

Asian equities rose Friday following gains on Wall Street as investors shook off initial concerns over Nvidia Corp.'s revenue outlook. Bitcoin edged closer to $100,000 while the dollar gained.

◦ S&P 500 futures were little changed as of 9:08 a.m. Tokyo time

◦ Japan's Topix rose 0.4%

◦ Australia's S&P/ASX 200 rose 0.8%

◦ Euro Stoxx 50 futures rose 0.5%

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