Share Market Live: SGX Nifty Hints At Opening Gains; Tata Power, GR Infra, Aurobindo, Veranda IPO In Focus
Asian stocks rose Tuesday after a climb in U.S. equities, a slump in crude oil and the prospect of more cease-fire talks between Russia and Ukraine helped to support investor sentiment. Oil extended a slide, taking West Texas Intermediate crude to about $105 a barrel, on concerns that China’s mobility curbs against Covid will sap demand. Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50 index, rose 1.2% to 17,423.8 points as of 6:10 a.m.