INSUBCONTINENT EXCLUSIVE:
Domestic stock markets are likely to start Wednesday's session on a negative note, tracking Asian shares which took a breather as a
resurgence of coronavirus cases challenged market confidence in a rapid economic recovery
The Singapore Exchange (SGX) Nifty futures - an early indicator of the National Stock Exchange (NSE) Nifty 50 index - fluctuated between
At 8:38 am, the SGX Nifty futures traded 44.05 points - or 0.45 per cent - lower at 9,841.00.Equities in other Asian markets were down amid
rising cases of the COVID-19 pandemic, which has shaken the world's financial markets and businesses.MSCI's broadest index of Asia Pacific
shares outside Japan was last seen trading 0.28 per cent lower, having climbed up 2.8 per cent the previous day, while Japan's Nikkei 225
quarter, a survey by Thomson Reuters/INSEAD found, with some two-thirds of the firms polled flagging a worsening COVID-19 pandemic as the
biggest risk over the next six months.The E-Mini S-P 500 futures were down 0.39 per cent at the time, indicating a weaker start for US
markets on Wednesday.Overnight on Wall Street, all three benchmark US equity indices posted their third consecutive daily gains
The S-P 500, the Dow Jones Industrial Average and the tech-heavy Nasdaq Composite ended 1.90 per cent, 2.04 per cent and 1.75 per cent
sooner than expected, five months into its pandemic-inflicted recession.On Tuesday, the S-P BSE Sensex index had ended 376.42 points - or
its previous close, as the markets shares shrugged off a momentary jolt from rising India-China border tensions amid hopes of a fresh
liquidity boost from the US central bank that lifted global risk sentiment.
