SGX Nifty marks a positive start for Indian markets

The SGX Nifty is down 11.00 points at 15,825.00.

As the Nifty fell over 216 points in the morning trade, the Nifty had a very volatile session as the morning newspaper headlines about Adani Group shares saw all the negative rounds.

However, the purchase of the 2nd half by local funds and the clarification of the Adani Group saw a big shortcut, which pushed the Nifty by 12 points.

Bank Nifty fell over 700 points Before closing 96 points.

Mid-caps came to light again as PSU-led mid-caps profiteers.

U.S. Market: US markets recovered by 80 points after the Dow Jones fell 260 points, with the Nasdaq green running for the 3rd day in a row, buying lower yield technology / digital stocks. Despite the 16-month high of crude oil prices, the US 10-year trade is up 1.49%.

Asian market: Asian markets led by the Japanese Nikkei traded above 250 points in early trade. Metals and technology stocks saw gains as banks registered gains in most Asian markets. However, Chinese data on production pulse ratings have strengthened stocks in most markets waiting for the Federal Reserve action on Wednesday.

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