Nifty Seen Opening Lower Around 16,350; CarTrade Tech In Focus

Nifty is seen opening gap down as indicated by the Nifty futures on Singapore Exchange. Nifty futures on Singapore Exchange also known as the SGX Nifty futures was trading 2 points higher at 16,341 compared with Nifty's closing of 16,569 on Wednesday. Meanwhile, Asian shares extended losses on Friday from the 2021 low set a day earlier, while the dollar held onto its recent gains sitting at a nine-month high.