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SGX Nifty Trades 75 Points Higher; Indicates Positive Opening for Indian Stock Markets
Mon, 28 Sep SGX Nifty

The SGX Nifty opened on a positive note today.

At 8:15 am, it was trading up by 75 points, or 0.7% higher at 11,110 levels.

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

Asian stock markets are trading higher today as data over the weekend showed profits at China's industrial firms grew for the fourth straight month in August buoyed by a rebound in commodities prices and equipment manufacturing.

As of the most recent prices, the Hang Seng is trading up by 0.6% and the Shanghai Composite is trading up by 0.2%. The Nikkei is trading up by 0.7%.

US stocks ended higher on Friday as technology stocks again rode to Wall Street's rescue, lifting the main indexes more than 1%.

The Dow Jones Industrial Average ended up by 1.3% while the Nasdaq gained 2.3%.

The Dow and the S&P 500 still posted their longest weekly losing streaks in a year as fears of a slowing economy sparked an almost month-long rout.

Investor are now focusing on the first debate between US President Donald Trump and rival Joe Biden on Tuesday ahead of the November election.

Back home, Cipla and Granules India 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!

Read the latest Market Commentary


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