SGX Nifty is at 15,063.00 levels, lower 88.00 points. (Updated at 7:45 AM)
The Nifty saw a superb show on the 2nd day running to close well above 15000 as it gained nearly 185 points.
This as foreign investors joined the buyer's list with strong buying in large-cap banks & financials which led to the gains.
Bank Nifty ended the day above 34000 which is a 2-month high.
Mid-cap stocks continue to see heightened interest from both retail & institutional investors closing at fresh new all-time highs.
US Market: US indices close with losses as last hour selling intensifies with inflation fears returning.
Bond yields rise to close at 1.65% while oil prices see profit booking near US$70.US$ sees further weakness creep in closing at 3-month lows.
Asian Market: Asian markets opened in the red led by the Japanese Nikkei as overnight US stocks closing with losses saw weakness in Asian markets which had seen a superb pullback yesterday.
The Taiwan index has been most volatile this week than in over 30 years as it sprung a 6% pullback yesterday after seeing the biggest intraday fall in over 45 years.
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