Australian shares are projected to open lower on Friday as an overnight tumble in Wall Street"s tech-focused Nasdaq index is expected to weigh on local tech stocks. The local share price index futures inched up 0.1% but remained at an 89.7-point discount to the underlying S&P/ASX 200 index (.AXJO) last close. The benchmark lost 0.4% on Thursday. Across the Tasman Sea, New Zealand"s benchmark S&P/NZX 50 index (.NZ50) rose 0.08% in early trade. Reporting by Harshita Swaminathan; editing by Jonathan Oatis Our Standards: The Thomson Reuters Trust Principles.