India

2021-03-23 17:30

IndustryWill Nifty Open Higher After U.S. Stocks Rally?
Indian markets are likely to open higher after Wall Street closed in the green yesterday with the Dow Jones Industrial Average gaining 0.32%, S&P 500 gaining 0.7%, and NASDAQ Composite closing up 1.23%. Treasury yields have fallen marginally and this has eased inflation concerns. Asian markets are mixed with Nikkei 225having followed the US markets and is trading up 0.52% but the KOSPI 50 is down 0.41% and the Shanghai Composite is down 0.68%. Nifty 50 Futures are trading up 0.32% and that is a good indicator of Indian markets opening in the green. The next global trigger for the markets today will be news coming in from Europe where the number of COVID cases is rising.
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Will Nifty Open Higher After U.S. Stocks Rally?
India | 2021-03-23 17:30
Indian markets are likely to open higher after Wall Street closed in the green yesterday with the Dow Jones Industrial Average gaining 0.32%, S&P 500 gaining 0.7%, and NASDAQ Composite closing up 1.23%. Treasury yields have fallen marginally and this has eased inflation concerns. Asian markets are mixed with Nikkei 225having followed the US markets and is trading up 0.52% but the KOSPI 50 is down 0.41% and the Shanghai Composite is down 0.68%. Nifty 50 Futures are trading up 0.32% and that is a good indicator of Indian markets opening in the green. The next global trigger for the markets today will be news coming in from Europe where the number of COVID cases is rising.
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