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MARKETS: SGX Nifty up 100 pts despite tepid global cues; RIL, CIL in focus
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business-standard.comLIVE market updates: After a massive bear hammering on Friday, benchmark indices are eyeing a bounce-back rally on Monday. A 8:10 AM, SGX Nifty was up 134 points at 17,177 levels, indicating a gap-up start.
However, tepid global cues amid the spread of Omicron variant of coronavirus may keep the upside limited. Shares in Asia-Pacific largely fell in Monday trade with Hong Kong's Hang Seng index slipping about 0.3 per cent.
Japan's Nikkei 225 declined about 1 per cent earlier but was last trading around 0.2 per cent lower. The Topix index also saw a partial recovery, last dipping 0.59 per cent lower after falling more than 1 per cent earlier. South Korea's Kospi shed 0.39 per cent.
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