INSUBCONTINENT EXCLUSIVE:
At 7:30 am, the Nifty futures were trading higher by 0.5 per cent on Singapore Stock Exchange.The domestic stock markets are likely to open
in the green, post the losses witnessed in the previous session, going by early cues from SGX Nifty trading
Trends on SGX Nifty indicate a positive opening for the index in India, with a 50 points gain
At 7:30 am, the Nifty futures were trading at 11,825, higher by 50 points or 0.5 per cent, on the Singapore Stock Exchange.Asian markets
look set to open mixed on Tuesday after soaring global coronavirus cases and shrinking hopes for a United States stimulus deal took a toll
on Wall Street and drove up the United States dollar.Australia's ASX 200 opened down about 0.6 per cent, while Japan's Nikkei 225
futures were up 0.04 per cent and Hong Kong's Hang Seng index futures were up 0.1 per cent.United States stocks tumbled on Monday in thin
trade, with the S-P 500 posting its biggest daily decline in four weeks, as soaring coronavirus cases and uncertainty about a fiscal relief
bill in Washington dimmed the outlook for the United States economic recovery.The Dow Jones Industrial Average fell 2.29 per cent, the S-P
500 lost 1.86 per cent and Nasdaq Composite dropped 1.64 per cent.Meanwhile, oil prices regained a semblance of stability on Tuesday after
suffering sharp losses over the previous session and last week, as a resurgence of coronavirus cases globally hit prospects for crude demand
while increasing supply also hurt sentiment.Brent crude was up 12 cents, or 0.3 per cent, at $40.58 a barrel by 0039 GMT, having dropped
more than 3 per cent overnight
United States oil was up 13 cents, at $38.69 a barrel, after also declining more than 3 per cent on Monday.On the corporate earnings front,
Bharti Airtel, Tata Motors, Amara Raja Batteries, Castrol India, Ceat, ICICI Prudential Life Insurance Company and JM Financial will declare
their Q2 numbers during the day.On Monday, the BSE Sensex had plunged 540 points or 1.33 per cent to 40,145.50 and the NSE Nifty had shed
162.60 points or 1.36 per cent to 11,767.80.
