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As on Feb 26, 2021 12:00 AM Your results on : Pre Session    
Market may tumble on weak global cues
26-Feb-2021 (08:26)

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 268 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading sharply lower on Friday following an overnight drop on Wall Street as a rapid rise in bond yields rattled investor sentiment.

Japan's industrial output rose for the first time in three months in January. Official data released on Friday showed factory output advanced 4.2% in January, boosted by sharp rises in production of electronic parts and general-purpose machinery, as well as a smaller increase in car output.

U.S. stocks dropped sharply Thursday as an outsized surge in bond yields spooked investors, who rushed to dump risk assets, especially high-flying technology names.

The major averages tumbled in a rapid fashion as the 10-year Treasury yield soared as high as 1.6% in a sudden move that some described as a “flash” spike. The yield later settled back down to around 1.52%, its highest level since February 2020.

The US economy grew at a 4.1% pace in the final three months of 2020, slightly faster than first estimated, ending a year in which the overall economy, ravaged by a global pandemic, shrank more than in any year in the past seven decades. The 4.1% gain in the gross domestic product — the broadest measure of economic health — is a slight upward revision from 4% growth in the first estimate released a month ago, the Commerce Department reported Thursday.

Domestic markets:

Back home, key benchmark indices ended with strong gains on Thursday, rising for the third consecutive session. The Nifty closed near 15,100 mark. Positive global cues boosted investors' sentiment. Trading was volatile as the February 2021 F&O contracts expiry. The barometer index, the S&P BSE Sensex, rallied 257.62 points or 0.51% at 51,039.31. The Nifty 50 index added 115.35 points or 0.77% at 15,097.35.

Foreign portfolio investors (FPIs) bought shares worth Rs 188.08 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 746.57 crore in the Indian equity market on 25 February, provisional data showed.

A gap-up opening likely, volatility may zoom on F&O expiry
25-Feb-2021 (08:30)
Stocks may open on a firm note
24-Feb-2021 (08:28)
Stocks may open higher
23-Feb-2021 (08:29)
Market may open slightly higher
22-Feb-2021 (08:23)
Stocks may extend recent fall
19-Feb-2021 (08:26)
Market may open higher
18-Feb-2021 (08:22)
Market may open lower
17-Feb-2021 (08:18)
Market likely to open on flat note
16-Feb-2021 (08:13)
Market may open on strong note
15-Feb-2021 (08:31)
Market may open slightly lower
12-Feb-2021 (08:26)
Indices likely to open lower
11-Feb-2021 (08:12)
Stocks may open higher
10-Feb-2021 (08:19)
Market may open higher
09-Feb-2021 (08:17)
Market may open higher
08-Feb-2021 (07:59)
Market may open firm; RBI policy eyed
05-Feb-2021 (08:06)
Indices may open on flat note
04-Feb-2021 (08:08)
Market may open higher
03-Feb-2021 (08:29)
Market may extend yesterday's rally
02-Feb-2021 (08:21)
Union Budget 2021-22 to dictate market trend
01-Feb-2021 (07:58)
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