Indian equities managed to post modest gains during a choppy trade on Tuesday. The Sensex gained for the fourth straight session, while the Nifty 50 for the sixth.
Futures, however, are indicating a steady start to today’s trading session. The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, rose 0.3% to 13,461 as of 8:00 a.m. on Wednesday.
Canara Bank remains the only stock in the F&O ban. In terms of F&O positioning, the maximum open interest on call side remains on the 13,500 strike, while that on the put side is at 13,200 strike.
Asian equities are rising in mid-week trade after their U.S. counterparts hit a new record on Tuesday. Shares are higher across the Asia Pacific with South Korean stocks outperforming.
Futures on the Dow Jones are currently trading 65 points higher. The index gained 0.35% on Tuesday. The Nasdaq 100 ended higher for the tenth straight session—its longest winning streak in nearly a year.
West Texas Intermediate crude fluctuated between gains and losses, currently trading at $45.63 per barrel, while gold traded at $1,867/Oz.
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