Indian Stock Market Tips: Nifty above 10,700 in pre-opening, Sensex up 180 pts, rupee trades flat
Trends on SGX Nifty indicate a positive opening for the broader index in India.
Market at pre-open: Indian indices are trading higher in the pre-opening trade with Nifty is trading above 10,700 level.
The Sensex is up 124.64 points or 0.35% at 35581.80, while Nifty up 61.20 points or 0.57% at 10743.40.
The Indian rupee opened flat at 71.92 per dollar on Monday versus previous close 71.92.
Dollar Updates: The dollar was modestly lower against its key rivals on Monday after Federal Reserve officials expressed caution over the global growth outlook, prompting traders to reassess the pace of future US interest rate increases.
Crude Update: Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards the end of the year.
SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 53.50 points or 0.50 percent. Nifty futures were trading around 10,751.50-level on the Singaporean Exchange.
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