Nifty today: SGX Nifty up 15 points; here s what changed for market while you were sleeping indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
US stocks settled higher in overnight trade, but a four-day drop in the rupee can trigger foreign outflows from domestic equities. Add to that the indecisive technical charts and mixed cues from Asian markets, and any upside for domestic stocks would look limited for now. Here’s breaking down the pre-market actions.
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 14 points, or 0.09 per cent, lower at 14,932 in signs that Dalal Street was headed for a weak start on Friday.
Tech View: Nifty hurdle at 14,900
Nifty50 on Thursday closed almost where it had opened earlier in the day, thus forming an indecisive Doji candle on the daily chart. The index stayed above the key short-term moving averages, but weakness at a key resistance point, 14,900, made analysts believe any upside for the index may be capped for now.
SGX Nifty down 30 points; here s what changed for market while you were sleeping
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Last Updated: Jan 22, 2021, 08:10 AM IST
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Asian stocks opened on a negative note on Friday. Australia s ASX200 index fell 0.08 per cent in early trade. Nikkei dropped 0.36 per cent to 28,652.51.
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Domestic stocks may develop cold feet on Friday, mirroring the poor start to trade in other Asian markets and weakness on technical charts. Here’s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 31 points, or 0.21 per cent, lower at 14,612.50, in signs that Dalal Street was headed for a negative start on Friday.
Die Bauernproteste spiegeln die existentielle Krise der indischen Landwirtschaft wider linkezeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from linkezeitung.de Daily Mail and Mail on Sunday newspapers.