looks set for a flat-to-negative start today, with the SGX Nifty trading at 13,676 levels, six points down, at 7:30 am, despite positive global signals.
The derivative’s weekly expiration could keep major indices volatile, although investors are likely to go for a specific set of stocks amid the lack of national key drivers.
Among individual stocks, aviation stocks could come under pressure today after the price of aviation turbine fuel (ATF) rose 6.3% on Wednesday.
Hero MotoCorp has said that it will increase the prices of all its vehicles by up to Rs 1,500 from January 1, 2021, to offset the impact of rising input costs.
Global signals
Two of Wall Street’s top three indexes closed higher overnight as progress toward a long-awaited US stimulus package and the Federal Reserve’s promise to keep interest rates low helped the benchmark Nasdaq index catch up. a new record. Overall, the Nasdaq closed 0.5 percent higher on the day. The S&P 500 gained 0.2 percent and the Dow fell 0.2 percent.
In Asia, Australia’s benchmark S & P / ASX index rose 0.64 percent in early trading. Japan’s Nikkei added 0.1 percent.
(With input from Reuters)
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