Market Live Updates Today: Title: Trends on SGX Nifty indicate a positive opening for the index in India with a 65 points gain
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 65 points gain.
Profit booking in IT, FMCG stocks amid subdued trend
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 65 points gain.
The BSE Sensex rallied 460.37 points to 49,661.76 on April 7 while the Nifty50 climbed 135.50 points to 14,819.
Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.
The Dow Jones Industrial Average rose 16.02 points, or 0.05%, to 33,446.26, the S&P 500 gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite dropped 9.54 points, or 0.07%, to 13,688.84.
Asian equities are poised to track Wall Street's cautious gains on Thursday after minutes from the Federal Reserve's latest meeting reiterated its commitment to keep interest rates low until the U.S. economy makes a more secure recovery.
