Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 0.32 percent loss or 35 points.

Nifty futures were trading around 11,013-level on the Singaporean Exchange.

The Nifty50 is expected to open lower on Thursday following Asian markets which were trading lower as global bond yields flirted with record low levels.

Sharp falls in U.S. Treasury yields also meant equities might be attractive for some investors even though traders in stocks globally have bailed out in droves in the past several months due to recession worries, said a Reuters report.

The Dow Jones Industrial Average rose 258.2 points to 26,036.1, the S 500 gained 18.78 points to 2,887.94 and the Nasdaq Composite added 29.94 points to 7,856.88.

The rupee declined by 29 paise to close at 71.77 against the US dollar on Wednesday as fears of an impending global recession prompted investors to stick to safe-haven assets like the Japanese yen.

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