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At 7:30 am, the SGX Nifty futures were over 100 points higher at 17,430 levels.
That apart, the renwed increase in oil prices may also keep the gains in check. Brent Crude is back above $90 a barrel as the OPEC+ have agreed to slash oil output by 2 million barrels per day in November to support crude oil prices.Â
The IPO of Electronics Mart India was subscribed 1.7 times on Tuesday, the first day of the issue. The QIB segment was subscribed 1.68 times, high-networth individual quota 1.04 times and retail quota nearly two times.
On Wednesday, the Dow lost 0.14 per cent, the S&P 500 and Nasdaq shed 0.20 per cent and 0.25 per cent, respectively.Â
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