SGX Nifty is at 12,736.20 levels, down 38.55 points. (Updated at 7:38 AM)
The Nifty saw another superb day with intraday volatility as foreign flows continue to buy aggressively with November buying till date the highest ever in Indian bourses history.IT & pharma staged a comeback as banks saw profit booking with Reliance being the biggest loser.
For today expect banks to see profit booking while defensive stocks like FMCG could see buying interest.
US Market: US stocks see mixed close as technology stocks rebound with Nasdaq closing higher by 2% while Dow Jones closes marginally in the red on profit booking.
Bond yields continue to edge higher hitting 0.95% even as Gold prices see selling on all rallies.
Oil prices move up further as faster vaccine means faster reopening.
Asian Market: Asian markets opened muted with the Japanese 'Nikkei' trading with gains of nearly 180 points while the South Korean 'Kospi" & the Australian S&P indices trading in the red.
This, as most Asian indices hit new fresh highs with ETF, flows strongest in over the last 5 years.
Chinese stocks will see further action as data on economic recovery due for production could see mid-caps react positively.