MARKETS LIVE: SGX Nifty indicates new record highs for benchmark indices

LIVE market update: Indian equities may attempt to clinch new record peaks on Friday amid follow-up buying, supported by a positive global set-up. At 8.15 AM, SGX Nifty was at 17,288.50, up 29  points.

However, mild volatility is expected later in the day as markets would react to the Services PMI data for August, due to be announced today. 

Global Markets

Globally, the S&P 500 Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain after data showed the number of Americans filing new claims for jobless benefits fell to lowest since March 2020. The Dow Jones Industrial Average rose 0.37 per cent, the S&P 500 gained 0.28 per cent, the Nasdaq Composite added 0.14 per cent.

In Asia, Japan’s Nikkei South Korea’s Kospi advanced 0.3 per cent each while Australia’s ASX 200 was up 0.5 per cent. Hong Kong’s Hang Seng, on the flipside, slipped 1 per cent.


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