Stock Market today: After a sharp fall in the Indian stock market on Monday, the stock market will open flat on Tuesday. This is because SGX Nifty (CGX nifty) has seen an increase of 2 points. These indicate a flat opening for the index in India.
Global signs are visible for Indian markets. Prior to the retail inflation data, there was a slight profit-booking in the US markets in yesterday’s trade. The US market slipped from record levels yesterday. Bond supply continues to be a hindrance in the market boom. The market is waiting for the results of the companies. The DOW closed down 55 points yesterday, with NIKKEI up half a percent in Asia. But SGX NIFTY is trading flat. US retail inflation figures will come today.
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Today, Asian markets are seeing a boom today. However, SGX NIFTY is trading flat with a slight decline of 0.01 per cent. At the same time, Nikkei is seen around 29,874.43 with an increase of 1.14 percent. Straight Times is also seeing a rise of 0.21 percent. At the same time, the Taiwan market is trading at 16,992.65, with a gain of 0.79 per cent. While Hangseng is seen at 28,780.22 level with a gain of 1.15 percent. At the same time, Kospi is looking strong at 0.93 per cent. However, Shanghai Composite’s move looks flat.