MARKET LIVE: SGX Nifty indicates a weak start; HDFC Life in focus

LIVE market updates: The Indian markets were staring at a weak opening on Tuesday amid a feeble trend in the Asian markets, although the announcement of the much-awaited fiscal package by Union Finance Minister Nirmala Sitharaman could lend some support to the domestic indices, especially in the first half.

As such, stocks related to specific sectors like health tourism might remain in focus today. Apart from that, investors will also keep a keen eye on other stock-specific triggers, including the corporate results, while oil price movement — with OPEC+ meeting in the horizon — foreign fund flow will also be tracked.

Results today

IRCTC, Ruchi Soya, Cochin Minerals & Rutile, DCM, Omaxe, Sintex Industries, Suzlon Energy are among the list of companies that will announce their quarterly earnings on Tuesday.


Global cues

The Nasdaq S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low. Overall, the Dow fell 0.44 per cent, the S&P 500 gained 0.23 per cent, the Nasdaq added 0.98 per cent.

Meanwhile, the trend was weak among Asian indices early Tuesday, with Japan’s Nikkei Australia’s ASX200 dipping 0.9 per cent each, while Hang Seng Kospi fell 0.3 per cent, each.

(with inputs from Reuters)


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