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Bull Run on D-Street: Sensex hits 59k, Nifty above 17,600; PSU Banks on a roll

Bull Run on D-Street: Sensex hits 59k, Nifty above 17,600; PSU Banks on a roll
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Trends on SGX Nifty indicate a cautious opening for stock markets

Trends on SGX Nifty indicate a cautious opening for stock markets File Trends on SGX Nifty indicate a cautious opening for the index in India with a 18 points gain. The Nifty futures were trading at 15,760 on the Singaporean Exchange. US stocks fell from record highs on Tuesday while real US bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and the Federal Reserve s policy meeting put investors on guard and drove profit taking. The Dow Jones Industrial Average ended down 0.2 percent at 35,059 points, and the S&P 500 shed 0.5 percent to end at 4,401 points. The Nasdaq Composite slid 1.2 percent to 14,660 points, its biggest one-day drop since May 12.

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