* Nifty futures on the Singapore Exchange unchanged. The MSCI-Asia Pacific index, excluding Japan gains 0.43 percent. * Bharti Infratel Ltd debuts after raising about $760 million in India's biggest IPO in two years. Traders expect shares to come under pressure due to concerns about the outlook for mobile tower operators. * Foreign investors sold 1.33 billion rupees of stocks, while domestic institutions bought 1.33 billion rupees of stocks on Thursday, when India's BSE index fell 0.48 percent. * Traders expect market to trade in a narrow range, with select oil marketing companies shares to be traced on talks of hike in diesel prices.
Trending On Reuters
Ready for Rate Hike
Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article