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At 7:30 am, SGX Nifty futures were trading lower by 38 points on Singapore Stock Exchange
The domestic stock markets are likely to open on a cautious note, post the nearly 2 per cent rally witnessed on Friday, going by muted global cues. Asian markets have had a quite opening and SGX Nifty futures are trading mildly in the negative. At 7:30 am, the SGX Nifty futures were trading at 15,187, lower by 38 points, on the Singapore Stock Exchange.
Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.
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Sensex, Nifty Likely To Have A Cautious Start Asian stocks traded sideways in Asia on Monday as investors gave a cautious welcome to news a deal had been struck on a long-awaited U.S. stimulus bill, though difficult Brexit talks dragged on with no agreement in sight.
Updated: December 21, 2020 8:24 am IST
At 7:30 am, the Nifty futures were trading lower by 0.5 per cent on the Singapore Stock Exchange.
The domestic stock markets are likely to open lower this morning, going by early indications from SGX Nifty futures trading. Trends on SGX Nifty indicate a negative start for the broader index in India, with a loss of 69 points or 0.50 percent. At 7:30 am, the Nifty futures were trading at 13,713, lower by 369 points or 0.5 per cent on the Singapore Stock Exchange.