Volatility in the Indian market continued for the third session in a row on Thursday due to political uncertainty in Karnataka.The Sensex closed 239 points lower at 35,149 after trading in a range of 422 points. The 50-stock Index, Nifty finished the session 58 points lower at 10,683.Here's what you should know before the opening bell Oil prices climbed above $80 a barrel on Thursday for the first time since November 2014, before retreating on a stronger dollar and climbing US output to end unchanged. Asian stocks edged up on Friday as investors kept a cautious watch on developments in US-China trade negotiations, while the dollar was perched near a five-month peak against a basket of currencies thanks to the benchmark US Treasury yield topping a seven-year high. Japan's Nikkei rose 0.2 percent, South Korea's KOSPI was up 0.25 percent and Australian stocks edged up 0.05 percent. Wall Street ended slightly lower on Thursday as investors grappled with US-China trade tensions after US President Donald Trump said that China &quot;has become very spoiled on trade&quot;. On the earnings front, Bajaj Auto, Bhushan Steel, Ashok Leyland, Strides Shasun, Dalmia Bharat, among others, will declare their quarterly earnings today. The SGX Nifty is trading at 10,674 levels versus the Nifty May Future close of 10,672, indicating a flat opening for the Indian market. Vajubhai Vala's, Karnataka governor, controversial decision to invite the single largest party and not the largest post-poll group, has opened a plethora of requests from opposition parties in different states of Goa, Manipur, Meghalaya and Bihar. Eleven state-run banks were studied for prompt corrective action, sources said. The DGCA data was released which indicated specified details, such as revenue, passenger load, etc, for the major airlines. The air passenger growth has fallen by nearly 4% in the month of April. The RBI on Thursday issued detailed NSFR guidelines to ensure that banks maintain a stable funding profile in relation to the composition of their assets and off-balance sheet activities.