Equity indices to start higher amid global cues

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Equity indices to start higher amid global cues

Share Market Updates Today: Indian equity benchmarks are expected to start on a higher today, taking cues from the global markets. Asian stocks rose by 1.07 per cent in early trade as Japan's Nikkei rose 1.07 per cent and Hong Kong's Hang Seng index moved 0.66 per cent higher. South Korea's Kospi and China's Shanghai Composite, however, edged 0.03 per cent and 0.007 per cent lower. Wall Street finished higher over the night. All three major US stock indexes, which had come under pressure in recent days, rose. Foreign institutional investors sold a net of 1,131 back home. Domestic investors purchased Rs 772.29 crore worth of shares on Thursday, according to the provisional NSE data.

The Dow Jones Industrial Average rose 183.56 points or 0.55 per cent to close at 33,781. The S&P 500 gained 29.59 points or 0.75 per cent to finish at 3,963. The Nasdaq Composite added 123.45 points or 1.13 per cent to settle at 11,082, and the Nasdaq Composite added 123.45 points or 1.13 per cent. Foreign institutional investors FIIs sold 1,131. Domestic institutional investors DIIs bought Rs 772.29 crore worth of shares on December 8, provisional NSE data showed.

The SGX Nifty's trends indicated a higher opening for domestic markets. The Nifty Futures on Singapore Exchange also known as the SGX Nifty Futures, rose 49.5 points or 0.26 per cent to 18,777.

The benchmark BSE Sensex had climbed 160 points or 0.26 per cent to close at 62,571 on Thursday, while the NSE Nifty had moved 49 points or 0.26 per cent higher to settle at 18,609.