Index Market Analysis 🚩🚩
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3 things that will decide the Market today 📈
1) SGX NIFTY signals a negative start for the Indian Stock Market
- Nifty futures on the Singapore Exchange traded 41 points, lower at 17,358 signalling that the Indian Stock Market is headed for a negative start.
2) No Glow February for Global Stock Markets
- Global Stock Markets closed in red on Tuesday, as investors continue to assess whether interest rates will remain high for an extended period of time. Dow Jones and NASDAQ declined 0.71% and 0.10% respectively. Asian markets were trading in a mix in its early trading sessions.
3) Oil prices rise
- Reports of expanding manufacturing activity in China, the world's biggest crude importer, boosted the outlook for global fuel demand, which helped Oil jump for the second day. demand. Brent crude oil for May was up 24 cents, 0.3%, to $83.69 per barrel
