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Domestic markets are likely to start on a firm note amid mixed global cues. As of 7:30 am, the SGX Nifty stood at 17,844 levels, up over 50-odd points.
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Domestic markets are likely to start on a firm note amid mixed global cues. As of 7:30 am, the SGX Nifty stood at 17,844 levels, up over 50-odd points.
Globally, the US markets were subdued overnight due to rate hike concerns. Key indices like Dow Jones, the S&P 500, and NASDAQ Composite declined up to 1 per cent.
Asia-Pacific markets, however, rose this morning as investors await decisions from central banks. Nikkei 225, the S&P 200, Topix, Kospi, Kosdaq, Hang Seng, and Shanghai Composite indices climbed up to 1 per cent.
On the commodities front, prices of Brent Crude and WTI Crude advanced up to 0.7 per cent to $81 per barrel, and $74 per barrel, respectively.
Among individual stocks, shares of Bharti Airtel will be in focus ahead of the December quarter (Q3FY23) results.
Besides, shares of Tata Steel will be closely tracked after the company reported consolidated net loss of Rs 2,223.8 crore in Q3FY23, on the back of sharp drop in European realisations,
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