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SGX Nifty Trades 28 Points Higher; Indicates Positive Opening for Indian Stock Markets
Mon, 14 Sep SGX Nifty

The SGX Nifty opened on a positive note today.

At 8:15 am, it was trading up by 28 points, or 0.25% higher at 11,500 levels.

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

Asian stock markets are trading higher today, amid signs of progress toward a virus vaccine and as investors looked ahead to a Federal Reserve meeting. The Fed is expected this week to maintain its dovish stance on policy.

As of the most recent prices, the Hang Seng is trading up by 0.5% and the Shanghai Composite is trading up by 0.4%. The Nikkei is trading up by 0.7%.

In US markets, the Nasdaq slid and the S&P 500 closed little changed on Friday as early gains in technology shares faded, with each of the three major Wall Street averages posting their second straight weekly decline.

The Dow Jones Industrial Average ended up by 0.5% while the Nasdaq ended down by 0.6%.

Here are the key events due later this week:

  • Tuesday: China industrial production and retail sales data.
  • Wednesday: FOMC policy decision and news conference from Chair Jerome Powell.

Back home, Hindustan Copper and Reliance Industries will be among the top buzzing stocks today.

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

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

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

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