Stock market updates on November 21, 2023: Frontline indices are likely to kick-off Tuesday’s trading session on a positive note tracking cues from the global peers.
At 07:00 AM, Gift Nifty futures quoted at 19,800, indicating a likely gap-up of 50-odd points on the NSE benchmark Nifty50.
Further, the US dollar dropped to its lowest level in more than two months, while the 10-year yield slipped to 4.415. Later tonight, Nvidia’s earnings and the US FOMC minutes shall guide the trading action in the US.
Nearer home this morning in Asia, Hong Kong’s Hang Seng rallied 1.3 per cent. Kospi and Taiwan gained nearly 1 per cent each. China’s Shanghai indices were up 0.5 per cent. Japan’s Nikkei, however, was down 0.2 per cent.
Among commodities, Brent Crude Oil futures were seen quoting around $82 per barrel.
Primary Market Update