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SGX Nifty Trades 24 Points Higher; Indicates Positive Opening for Indian Stock Markets
Fri, 28 Aug SGX Nifty

The SGX Nifty opened on a positive note today.

At 8:00 am, it was trading up by 24 points, or 0.2% higher at 11,621 levels.

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

Indian ADRs ended on a mixed note yesterday. Tata Motors ADR rose 11.3% while ICICI Bank ADR dipped 1.4%.

Asian stock markets are trading higher today, led by gains in Hong Kong.

As of the most recent prices, the Hang Seng is trading up by 0.55% and the Shanghai Composite is trading up by 0.18%. The Nikkei is trading up by 0.36%.

The S&P 500 advanced while the Nasdaq closed lower yesterday as market participants took cues from the US Federal Reserve's new strategy to adopt an average inflation target and restore the United States to full employment, as well as a promising development in the fight to contain the coronavirus pandemic.

To know the top cues in today's stock market session, check out the pre-open commentary here.

And 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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