Equity benchmark indices are looking to open in green on Monday as indicated by the SGX Nifty, quoting at 17,970 levels, 30-odd points above Nifty’s Friday closing.
Globally, the US equity markets ended mixed on Friday. Dow Jones edged 0.4 per cent higher, while the S&P 500 and Nasdaq slipped up to 0.6 per cent.
Asia markets were volatile this morning as China left its 1-year and 5-year loan prime rates unchanged at 3.65 per cent and 4.3 per cent, respectively, for February.
Strait times, Nikkei and Hang Seng were flat, while the Shenzhen index and Strait times dropped 0.1-0.3 per