The SGX Nifty opened on a negative note today.
At 8:10 am, it was trading down by 61 points, or 0.46% lower at 13,266 levels.
Trends on SGX Nifty indicate a negative opening for Indian stock markets.
Asian stock markets have erased gains, hitting a record peak earlier in the session on hopes of a much-needed US stimulus package before year-end just as coronavirus vaccines roll out.
As of the most recent prices, the Nikkei is trading down by 0.2% and the Hang Seng is trading lower by 1.5%.
US stock markets rose to record levels on Friday, notching another weekly advance, as traders shook off a disappointing US jobs report.
The US economy added 245,000 jobs in November. That was well below a Dow Jones consensus estimate of 440,000. The unemployment rate, however, matched expectations by falling to 6.7% from 6.9%.
The Dow Jones Industrial Average ended up by 0.8% while the Nasdaq advanced 0.7%. Both indexes posted intraday and closing record highs.
Friday's jump led to their fourth weekly gain in five weeks. The Dow rose 1% last week while the Nasdaq Composite rallied 2.2%.
US stock futures are trading on a flat note, following a record-setting session as Wall Street searched for clues on additional fiscal aid.
Dow futures are trading down by 17 points or 0.1%, while Nasdaq futures advanced 0.2%.
Here are some key events due later this week:
Back home, Bharti Airtel and IRCTC will be among the top buzzing stocks today.
To know the top cues in today's stock market session, check out the pre-open commentary here.
Stay tuned for more updates on Indian stock markets in the upcoming commentary.
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