SGX Nifty is at 15,841.80 levels, lower 26.25 points. (Updated at 7:48 AM)
The Nifty had a positive start to the week as banks led the index well past 15,800 as momentum returned to the markets with midcaps again seeing huge participation.
Metals, PSU marge caps like ONGC and Coal India were the big gainers, while IT, pharma and insurance stocks saw profit booking.
For today expect some consolidation with midcaps seeing greater traction as local flows buy midcaps.
US Market: US markets remain closed for the 4th July Independence holiday with global cues remaining fairly begin for equities.
Bond yields trade unchanged near 1.44% even as crude oil prices spurt as OPEC members refuse to budge on supply issues.
Asian Market: Asian markets opened in the green led by the Japanese 'Nikkei' traded higher by over 100 points in early trade.
The star for Asian markets have been the Taiwan index which hit the proverbial 18,000 mark today as hardware manufacturers ride the technology demand wave.
Chinese stocks will also see more action even as a ban on ‘DIDI’ will act as a deterrent on overseas listed stocks.
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