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SGX Nifty Down 52 Points; Indicates Negative Opening for Indian Stock Markets
Fri, 3 Dec SGX Nifty

SGX Nifty Down 52 Points; Indicates Negative Opening for Indian Stock Markets

The SGX Nifty opened on a negative note today.

At 8:15 am, it was trading down by 52 points, or 0.3% lower at 17,397 levels.

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

Asian stock markets are trading on a mixed note today as traders evaluated risks from the omicron virus strain.

The Hang Seng is trading down by 1.3%, while the Shanghai Composite is trading up by 0.1%. The Nikkei is trading down by 1.3%.

In US stock markets, Wall Street indices ends higher on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic.

The Dow Jones Industrial Average gained 617.8 points or 1.8%. The technology-heavy Nasdaq Composite gained 0.8%.

US stock futures are trading on a firm note today with Dow Futures up by 255 points.

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Gold prices set for a third straight weekly drop today, weighed down by signals from Federal Reserve officials that the central bank could end its pandemic-era asset purchases and raise interest rates faster than expected to combat surging inflation.

Crude oil prices settled more than 1% higher on Thursday, after a see-saw session that saw benchmarks swing in a US$5 range after organization of the petroleum exporting countries (OPEC+) surprised markets by sticking to its plans to boost output slowly.

Back home, L&T and Cadila Healthcare will be among the top buzzing stocks today.

In his latest video for Fast Profits Daily, India's #1 trader Vijay Bhambwani talks about how to become a successful trader.

You can watch the video here: My Thoughts on How You Can Become a Successful Trader

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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