Global market: SGX Nifty to US inflation, all that will drive stock market today
1 year, 9 months ago

Global market: SGX Nifty to US inflation, all that will drive stock market today

Live Mint  

Global market update: Equity and other assets, commodity markets settled on Wednesday as investors around the globe digested the US banking turmoil. Here are all the global factors that will drive the Indian market today: US Market US market ended in the green on Tuesday on in-line inflation data. US Dollar The dollar found support in Asia on Wednesday as investors dialled back expectations of U.S. rate cuts as fear of a banking crisis ebbed and another stubbornly high inflation print landed. SGX Nifty At the start of the day, SGX Nifty was trading nearly 80 points higher from Nifty Futures Tuesday close, indicating a gap-up start for the Indian market Asian market The Asian markets also opened in the green following cues from the Wall Street. China Central Bank policy China's central bank ramped up liquidity injections when rolling over maturing medium-term policy loans for a fourth month in a row on Wednesday, while keeping the interest rate unchanged, matching market expectations.

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