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Indian market may open on soft note following sell-off on Wall Street

Karan DSIJ / Article rating: 4.9

It is said ‘when it rains, it pours’ and this is what the situation of Indian markets is this morning as they received bad news in abundance. To begin with the cues from Wall Street in overnight are fragile as the tech stocks came under hammering and the jobless claims rose more than the estimate.

SGX Nifty indicates a quiet start!

Karan DSIJ / Article rating: 4.8

Indian markets are likely to witness a quiet start on Thursday; stalking moderate gains in the Asian stocks. However, as the day progresses, one can witness some volatility moves, especially in the banking stocks as Supreme Court of India is set to resume hearing on loan moratorium. Meanwhile, SGX Nifty is up by 10 points at 11,316 levels.

Markets likely to be wobbly; Route Mobile IPO opens for subscription today!

Karan DSIJ / Article rating: 5.0

Indian equities may have a wobbly start on Wednesday, with SGX Nifty futures down by 0.42 per cent in early deals. The key drivers for a weak start for the domestic stock markets are carnage on Wall Street in the overnight trade, the border situation with China getting ugly and the institutional selling in the last couple of days.

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