Business

At 7:30 am, the Nifty futures were trading lower by 1.85 per cent.

on Singapore Stock ExchangeThe domestic stock exchange are likely to open at a loss, going by early indications from SGX Nifty futures trading, on the back of spiralling Covid cases throughout the country.

Patterns on SGX Nifty show a gap-down opening for the index in India, with a 202-points loss.

At 7:30 am, the Nifty futures were trading at 14,439, lower by 202 points or 1.85 per cent.

on the Singapore Stock Exchange.Asian shares hovered near 1-1/2 week highs on Monday assisted by expectations that financial policy will stay accommodative the world over, while COVID-19 vaccine rollouts assisted ease worries of another dangerous wave of coronavirus infections.Australian shares were greater by 0.25, while New Zealand's benchmark index and South Korea's KOSPI added 0.4 per cent each.

Japan's Nikkei alleviated 0.4 per cent.The three primary Wall Street indexes ended higher for the day and week, with the S&P 500 and the Dow breaking closing records, as investors took strong economic data and bank incomes as signs of momentum in the U.S.

pandemic recovery.The Dow Jones increased 0.48 per cent, the S&P 500 acquired 0.36 per cent and Nasdaq Composite included 0.1 per cent.On Friday, the BSE Sensex increased 28.35 points to 48,832.03 and the Nifty climbed up 36.40 indicate 14,617.90.





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