Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages.
US stock index futures edged lower, as the effect of higher oil prices was offset by declines in chipmakers, following a weak forecast from Taiwan Semiconductor.
The NSE Nifty snapped its nine-day winning streak to end 22.50 points lower at 10,526.20, dragged down by banking, finance service, pharma, auto and energy sectors.
U.S. stock futures rose after the latest batch of results including Wall Street bank Morgan Stanley (MS.N) added to optimism about the U.S. corporate reporting season.
The NSE Nifty extended gains for the ninth day in a row, rising by 20 points to 10,548.70 as investor turned their focus to corporate earnings from geopolitical tension.
At 9:41 am ET, the Dow Jones Industrial Average .DJI was up 0.92 percent at 24,799.54.
US stock index futures rose as strong earnings from Netflix, J&J and UnitedHealth boosted optimism over what is expected to be the strongest earnings season in 7 years.
The US dollar index declined as investors continued to monitor the geopolitical tensions in the Middle East.
US stocks traded higher as investors digested a batch of newly-released economic reports.
At 9:53 a.m. ET, the Dow Jones Industrial Average .DJI was up 0.59 percent at 24,502.89.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment