The most important things to know before the opening of the fair

What you need to know before opening the bell –

Wall Street: The S&P 500 and Nasdaq ended with new records as data pointing to an improving labor market and supply chain situation worried traders about the health of the economy.

US contracts changed little after the S&P 500 and Nasdaq 100 hit new highs. A second weekly decline in jobless claims in the US fueled optimism for a strong payroll report on Friday, which could lead to market swings.

Asian markets: Asian stocks were stable early Friday after gains helped Wall Street close to a record high as some of the growth concerns fueled by the delta coronavirus strain eased. Shares fluctuated in Australia and Japan, while South Korea rose.

SGX Handy: SGX Nifty signals a choppy start to Indian stock markets today. Singapore Nifty (SGX Nifty) is the Indian Nifty traded on the Singapore Stock Exchange and is considered the first indication of the opening of the Indian markets.

RBI Policy Today: Indias monetary policymakers are likely to leave interest rates untouched for a seventh straight meeting, as their focus remains more on fixing a volatile economy than on controlling stubborn price pressures, as per Bloomberg. All 21 economists polled by Bloomberg on Wednesday afternoon expect the MPC to leave the benchmark buyback rate unchanged at 4% Friday.

Income today: M&M, Hindalco, Muthoot Finance, Berger Paints, SAIL, Voltas, Muthoot Finance are some of the companies that will announce their earnings today.

(With input from agencies)