The MCX –SX November futures traded at 46.57 at 9:42 am on Friday morning. Most of the Asian shares were trading in the negative territory.
November futures closed weaker on Thursday as the dollar strengthened against major currencies and global equities fell. The BSE Sensex moved lower by 213.13 points to end at 16785.7 on Thursday.
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U.S. stocks extended a global drop as concern grew that the rally has outpaced the prospects for economic growth.
The Conference Board’s Leading Indicator gauge of the outlook for the next three to six months rose 0.3 percent, less than forecast, after rising 1 percent in September.
Another report showed claims for jobless benefits held at a 10-month low of 505,000 last week. The Dow Jones closed lower by 93.87 points at 10332.4.
