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Market likely to be in check due to mixed global cues
Jul 23, 2018 10:17 PM

The market is likely to be in check on Tuesday due to mixed global cues.

Share Market Live

NSE

The SGX Nifty was trading at levels around 11,081 as against the Nifty July Future's Monday close of 11,099, indicating a flat-to-negative opening for the Indian market.

The Wall Street ended largely higher after tech stocks rose on Monday as Google's parent, Alphabet, posted robust second-quarter earnings. The shares of the company climbed 3.6 percent to hit a record high, valuing the internet giant at $870 billion.

That made up for an otherwise dull day on Wall Street where the Dow eased 0.06 percent, while the S&P 500 gained 0.18 percent and the Nasdaq 0.28 percent.

The Asian market was trading mixed as Japan's Nikkei slipped off the highs after July flash PMI came in at a one-and-half-year low, while the KOSPI recovered mildly from lows.

Moves elsewhere were marginal with MSCI’s broadest index of Asia-Pacific shares outside Japan barely changed.

The Indian market on Monday closed in the green after recovering in the second half of the session. The gains in the second half helped the market trade higher, with the Sensex advancing 222 points to end the session at record closing high of 36,719, while the Nifty edged higher by 75 points to post a six-month high of 11,085.

First Published:Jul 24, 2018 7:17 AM IST

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