INSUBCONTINENT EXCLUSIVE:
The Indian equity benchmarks are set to stage a gap down opening as indicated by the Nifty Futures traded on the Singapore Exchange
Nifty Futures on Singapore Exchange also known as the SGX Nifty Futures fell 0.5 per cent or 88 points to 17,358 amid weak cues from global
Asia stocks were mostly lower on Tuesday, tracking a retreat on Wall Street after President Joe Biden picked Federal Reserve Chair Jerome
Powell to lead the central bank for a second term, reinforcing expectations the United States will taper its stimulus soon.MSCI's gauge
of Asia Pacific stocks outside Japan fell 0.49 per cent, while Hong Kong's Hang Seng Index and China's benchmark CSI300 Index opened 1.1
per cent and 0.2 per cent lower, respectively.Australia's S-P/ASX 200 outperformed with a 0.55 per cent gain, boosted by miners and energy
Japanese markets were closed for a public holiday.Overnight on Wall Street, the S-P 500 and Nasdaq Composite retreated from all-time highs
after President Biden tapped Powell to continue as Fed chair, and Lael Brainard, the other top candidate for the job, as vice chair.Back
home, foreign institutional investors (FIIs) sold shares worth Rs 3,439 crore on Monday while domestic institutional investors bought shares
worth Rs 2,051 crore.Latent View Analytics will list its shares at 10:00 am stock exchanges today
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