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.
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
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