The SGX Nifty opened on a negative note today.
At 8:00 am, it was trading down by 170 points, or 1.2% lower at 14,470 levels.
Trends on SGX Nifty indicate a gap-down opening for Indian stock markets.
Asian stock markets are trading on a positive note today, helped by expectations monetary policy will remain accommodative while Covid-19 vaccine rollouts helped ease fears of another dangerous wave of coronavirus infections.
The Nikkei is trading up by 0.2% while the Hang Seng is up 0.9%. The Shanghai Composite is trading higher by 0.8%.
In US stock markets, Wall Street indices jumped overnight as technology companies helped lift stocks to a record high.
Stocks edged higher most of the last week as investors remain cautiously optimistic about economic growth and progress against the pandemic.
The Dow Jones Industrial Average gained 297 points, or 0.9% to 33,801. Meanwhile, the Nasdaq rose 71 points or 0.5%.
For the week, the Dow gained 2% while the Nasdaq rose 3.1%.
--- Advertisement ---
Missed Our Urgent Broadcast LIVE?
For readers who missed watching our broadcast on India's Revival...
We've released the transcript of the event for a limited period now.
You can see all the important highlights from our broadcast in this transcript.
And also get a chance to grab a copy of Tanushree's latest reports, India's Greatest Revival: The Three Mega-Trends Behind 1,000% Gains and 3 Ticking Bombs to Sell Now - combinedworth Rs 5,900 for virtually FREE.
But please note that we may take this transcript off the internet any minute.
So read it immediately.
Click Here to Read the Transcript NOW
------------------------------
US stock futures declined after the S&P 500 and Dow Jones closed at record highs on Friday. Investors will track earnings from IBM and Coca-Cola later in the day.
Dow futures are trading down by 90 points while Nasdaq futures are down by 12 points.
Gold prices rose today, hovering near a seven-week peak hit in the previous session, as a softer dollar and a retreat in US Treasury yields lifted demand for the safe-haven metal.
Bitcoin recouped some of its losses after plunging as much as 14% on Sunday following speculation the US Treasury may be looking at cracking down on money-laundering activity within digital assets.
Here are the key events due later this week:
Back home, Mindtree and National Fertilizers will be among the top buzzing stocks today.
In his latest video, Co-head of Research at Equitymaster, Rahul Shah discusses whether another big crash is likely and the ideal strategy to counter it.
With the coronavirus rearing its head again and looking much more lethal than before, is the risk of a big crash back on the table?
What should be one's strategy should this be the case? Rahul answers all these questions in his latest video.
You can watch the video here: Market Crash: Picture Abhi Baaki Hai?
To know the top cues in today's stock market session, check out the pre-open commentary here.
Stay tuned for more updates on Indian stock markets in the upcoming commentary.
For information on how to pick stocks that have the potential to deliver big returns, download our special report now!
Read the latest Market Commentary
What else is happening in the markets today? Dig in...
SAIL share price is trading down by 5% and its current market price is Rs 89. The BSE METAL is down by 2.2%. The top losers is SAIL (down 5.1%).
Apr 19, 2021 09:42 AMINDIABULLS HOU. FIN. share price is trading down by 6% and its current market price is Rs 159. The BSE 500 is down by 2.6%. The top gainers in the BSE 500 Index are GSK CONSUMER (up 5.1%) and LAKSHMI VILAS BANK (up 4.8%). The top losers are INDIABULLS HOU. FIN. (down 5.7%) and HEG (down 7.5%).
Apr 19, 2021 09:42 AMLINDE INDIA share price has hit an all time high at Rs 2,079 (up 6.7%). The BSE OIL & GAS Index is down by 2.9%. Among the top gainers in the BSE OIL & GAS Index today are LINDE INDIA. The top losers include CASTROL INDIA (down 1.3%) and PETRONET LNG (down 1.6%).
Apr 19, 2021 09:42 AMHEG share price is trading down by 8% and its current market price is Rs 2,024. The BSE CAPITAL GOODS is down by 2.5%. The top losers are HEG (down 7.5%) and GRAPHITE INDIA (down 5.6%).
Apr 19, 2021 09:40 AMSOBHA share price is trading down by 5% and its current market price is Rs 490. The BSE REALTY is down by 3.8%. The top losers are SOBHA (down 5.0%) and DLF (down 5.2%).
Apr 19, 2021 SGX NiftyTrends on SGX Nifty indicate a gap-down opening for Indian stock markets.
View More Indian Share Market NewsAjit Dayal on how India's vaccine strategy will impact the markets.
Apr 6, 2021Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.
Apr 15, 2021Narayana Murthy was one of the first unicorn founders to get the backing of this entity...
Apr 13, 2021In this video, I'll you what I think is the real reason behind yesterday's market crash.
Apr 12, 2021This ignored sector could deliver big short-term profits.
More
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!