The SGX Nifty opened on a positive note today.
At 8:10 am, it was trading up by 22 points, or 0.2% higher at 13,050 levels.
Trends on SGX Nifty indicate a flat opening for Indian stock markets.
Asian stock markets fell slightly today, pulling back from a record high hit earlier this week, amid renewed doubts about a highly-anticipated coronavirus vaccine and concern about the economic impact from the pandemic.
As of the most recent prices, the Nikkei is trading down by 0.3% and the Hang Seng is trading lower by 0.4%.
US stock markets were closed on Thursday for the Thanksgiving holiday and will trade on a partial schedule later today.
US stock markets ended mixed on Wednesday as jobless claims were a disappointment, rising more than expected. GDP for Q3 came out in line with expectations, while durable goods orders were stronger than expected.
--- Advertisement ---
We are Bullish on These 3 Little-known Stocks
Our research has uncovered 3 tiny stocks.
You won't hear about these stocks from the mainstream media or your stock broker.
They generally ignore such small size companies.
But our research says, these 3 little-known stocks are set for a massive rally over the coming months and years.
They can potentially offer solid double and triple digit gains to investors.
So, if you are an investor looking to buy good stocks to invest in...when the markets are at all-time high...
Then you must seriously consider these 3 stocks.
You can get the details of these 3 stocks at our free online summit.
We would recommend you to sign-up at the earliest. Because we have limited FREE seats and they are filling up fast.
Click here to sign-up instantly. It's free.
------------------------------
As of Wednesday's closing prices, the Dow Jones Industrial Average ended down by 0.6% while the Nasdaq ended up by 0.5%, hitting an all-time high intraday.
European share markets ended flat on Thursday as an extension of coronavirus restrictions in Germany and a grim growth forecast for the United Kingdom brought the focus back to the near-term economic damage caused by the pandemic.
US stock futures are trading lower today as AstraZeneca said it would likely need to conduct another study for its coronavirus vaccine.
This comes after results from its first study raised some concerns. Initial readings from the first late-stage trials showed an average efficacy of 70%.
Dow futures lost 79 points or 0.3%, while Nasdaq futures are trading down by 7 points.
Crude oil prices are mixed today in quiet trade due to the US Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1% amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic.
Both benchmarks, WTI and Brent crude have risen about 6% this week, after AstraZeneca earlier announced that its Covid-19 vaccine could be up to 90% effective.
Back home, Siemens and Laurus Labs 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
What else is happening in the markets today? Dig in...
JUBILANT LIFE SCIENCES share price is trading down by 5% and its current market price is Rs 956. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 10.9%) and NCC (up 6.4%). The top losers are JUBILANT LIFE SCIENCES (down 5.5%) and INFO EDGE (down 6.9%).
HIMACHAL FUTURISTIC share price is trading down by 5% and its current market price is Rs 32. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 10.9%) and NCC (up 6.4%). The top losers are HIMACHAL FUTURISTIC (down 5.3%) and INFO EDGE (down 6.9%).
ORIENT ELECTRIC share price is trading down by 5% and its current market price is Rs 265. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 11.5%) and NCC (up 6.4%). The top losers are ORIENT ELECTRIC (down 5.4%) and INFO EDGE (down 6.7%).
INDUSIND BANK share price is trading down by 5% and its current market price is Rs 912. The BSE BANKEX is down by 0.1%. The top gainers in the BSE BANKEX Index are AXIS BANK (up 2.4%) and HDFC BANK (up 1.3%). The top losers is INDUSIND BANK (down 5.1%).
HDFC AMC share price is trading down by 5% and its current market price is Rs 3,114. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 11.5%) and NCC (up 6.4%). The top losers are HDFC AMC (down 5.0%) and INFO EDGE (down 6.7%).
BSE Sensex is trading down by 34 points, while the NSE Nifty is trading down by 21 points.
View More Indian Share Market NewsIn this video, I'll show you why it might be the right time to take money of the table in pharma stocks.
The pandemic failed to thwart Richa's investing success formula for 2020.
The budget is just a few weeks away. Which stocks can you expect to move? Find out in this video.
Select smallcaps hold a great potential to become the multibaggers of tomorrow. Here's how you could get in early into these stocks.
More
Equitymaster requests your view! Post a comment on "SGX Nifty Up 23 Points; Indicates Flat Opening for Indian Stock Markets". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!