SGX Nifty points to a positive opening
April 27, 2021
News related to Covid spread and Q4 results will drive the market sentiment After a strong beginning for the week, Indian markets are expected open on a cautious note with minor gains on Tuesday. With global cues remaining mixed, shut-down worries in some States due to Covid pandemic will keep then domestic market on the edge, said analysts.
The SGX Nifty at 14,542 (8 am IST) indicates a positive opening for Nifty futures, which on Monday closed at 14,537 points (May futures) and at 14,486 points (April futures). Most markets in the Asia-Pacific region such as Japan, Korea, China, Australia and the Philippines are in the red marginally while Taiwan market is up by about by 0.2 per cent.
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