Share Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 46 points or 0.3 percent lower at 17,868 ahead of the opening bell on Dalal Street. Investors await more of financial results from India Inc for domestic cues, with Nifty 50 companies Bajaj Finserv, Axis Bank, Wipro, Tech Mahindra and Hindustan Unilever due to post their earnings later in the day. Bajaj Finance, HDFC Life and SBI Life reported their quarterly numbers on Wednesday.
Biden has threatened to veto the Republican package, which has almost no chance of passing the Democratic Senate anyway, and the president has so far refused to negotiate over the debt ceiling which the White House insists must be lifted with no strings to ensure America pays its bills.
Brent crude was trading at $78.04 a barrel, up 35 cents, or 0.45 percent, at 0039 GMT. U.S. West Texas Intermediate crude was at $74.51 a barrel, adding 21 cents, or 0.28 percent.