LIVE MARKET: SGX Nifty signals positive start for Sensex, Nifty

Live Market Updates: Indian markets look set to open the new week on a positive note, amid positive global market sentiment. Developments related to Covid, macroeconomic data and global indices will guide markets today, absent any major national triggers.

In addition, company results, specific developments in stocks and the movement of crude prices could also influence the mood of the market.

Results today

Union Bank of India, Central Bank of India, Mrs Bectors Food Specialties, Jubilant Ingrevia and MRF are among 31 companies due to release their quarterly figures today.

Global indices

Asian stocks rallied on Monday as the dollar wobbled after the long-awaited U.S. wage report in May showed the recovery was on track, but not so hot that it could push forward a policy of reduction by the Federal Reserve.

The MSCI’s largest Asia-Pacific stock index outside of Japan added 0.3% and sought to break three sessions of losses. Japan’s Nikkei rose 1% to its highest level in nearly a month, and South Korea gained 0.7%.

(with contributions from Reuters)


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