The Indian equity indices are likely to open lower on Friday following losses in Asian peers. The trend on SGX Nifty also indicates a negative start for the broader index in India. The Nifty futures were trading 88.0 points or 0.56 percent lower at the 15,751.00 level on the Singaporean Exchange at 7:15 am.

Rolex Rings IPO received bids for 4.74 crore equity shares against the offer size of 56.85 lakh equity shares.

Robinhood Markets' stock price was $34.66 after the first 15 minutes after trading, down 8.9 percent from the initial price of $38 set late Wednesday.

Soft commodities—the commodities that are grown rather than extracted or mined—are surging with oil and metals. Global sugar and cotton prices have touched 21-week highs, with sugar trading above $18 a pound. Soft commodities are futures contracts on underlying agri products, and are among the oldest traded products in the world. Recently, these products have seen a hike in prices.