are likely to start Friday’s trade on a positive note, amid firm global cues. At 8:05 am, the SGX
quoted 18,334 levels, up over 50-odd points.
Globally, technology and growth stocks lifted US markets overnight. NASDAQ Composite gained over 250 points to close above 2 per cent, whereas the S&P 500 and Dow Jones climbed up to 1 per cent each.
The exuberance spilled across markets in Asia-Pacific too this morning, as the S&P 200, Nikkei 225, Topix, Hang Seng, and Shanghai Composite indices rose up to 1 per cent.
In the commodities market, a mixed trend was seen as prices of Brent Crude declined over 1 per cent to $82 per barrel due to fears of uncertain demand. WTI Crude, however, advanced 0.5 per cent to $78 per barrel.
Back home, shares of Tata Consumer will be in focus after the company acquired 23.3 per cent additional shares of South-African-based Joekels Tea Packers.
Besides, shares of Eicher Motors will be tracked after the automotive major collaborated with Spain-based Stark Future SL in the space of electric motorcycles.
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