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SGX Nifty Trades 42 Points Higher; Indicates Positive Opening for Indian Stock Markets
Mon, 24 Aug SGX Nifty

The SGX Nifty opened on a positive note today.

At 8:15 am, it was trading up by 42 points, or 0.37% higher at 11,420 levels.

Trends on SGX Nifty indicate a positive opening for Indian stock markets.

Indian ADRs ended on a mixed note on Friday. HDFC Bank ADR rose 1.4% while Infosys ADR dipped 1.7%.

Asian stock markets are trading higher today, led by gains in Hong Kong, amid signs of a thawing in US-China tensions from the Trump administration and as investors await a policy speech by Federal Reserve Chair Jerome Powell later this week.

As of the most recent prices, the Hang Seng is trading up by 1.6% and the Shanghai Composite is trading up by 0.4%. The Nikkei is trading up by 0.3%.

The S&P 500 and Nasdaq closed at record highs on Friday, as data pointed to some pockets of strength in the US economy.

Stay tuned for more updates on Indian stock markets in the upcoming commentary.

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Read the latest Market Commentary


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