Indian stock markets are likely to be under pressure on Friday tracking weak global cues. Investors will be also watching out gross domestic product (GDP) data due to be released later today.
Trends in SGX Nifty, with a 13-point loss, indicate soft opening of Indian benchmark indices. Asian shares were down in choppy trade as worries about worsening US-China ties offset the fillip from hopes massive government stimulus can jump-start the world economy.
Underscoring the ambivalence in markets, US stocks slid from a near three-month high in a late sell-off overnight, after US President Donald Trump signed an executive order that would weaken laws protecting social media companies, and said he'd hold a news conference about China on Friday.