CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

Indian stocks look firm on cues from SGX Nifty futures

By Vinu Lal

03:13, 16 November 2021

Stock exchange market graph analysis with a blue background
Index representing Indian stocks in Singapore trading 0.20% up in the morning – Photo: Shutterstock

Indian stock indices look to open on a firm note on Tuesday morning following cues from SGX Nifty trading on the Singapore Stock Exchange.

The index that represents Indian stocks, were trading up 0.20% up on morning trades even as it lost a bit of its ground through the morning session.

Asian indices opened mixed with almost all regions opening strongly except for Australia where its apex bank released minutes from its recent monetary policy meeting which gave strong indications of potential risks of inflation in the Asian economy.

Wall Street indices on Monday remained flat as jacked up treasury yields impacted the relief rally from technology stocks. Dow lost 0.04%, S&P 500 0.05% and Nasdaq 0.04%.

Things to note before trade

  • Debt-ridden telecom operator Vodafone Idea evaluating options of converting interest dues arising out of the deferment of statutory payments into equity
  • Automotive manufacturer Ashok Leyland is working on hydrogen-powered commercial vehicles and a team is currently engaged in developing them
  • Apollo Tyres increased prices in the domestic market in the third quarter of this fiscal to offset the impact of rising commodity prices
  • Fruit and vegetable canning company Foods & Inns obtain approval from the National Stock Exchange for listing its equity shares

Read More: India okays Blackstone buyout of ASK Investment Managers

Related topics

Rate this article

Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Still looking for a broker you can trust?

Join the 570.000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading