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India's business confidence down sharply amid COVID-19 outbreak

India's business confidence down sharply amid COVID-19 outbreak
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Nifty today: SGX Nifty up 160 points; here's what changed for market while you were sleeping


Explore Now
The US Senate nod to President Biden s new stimulus package and strong economic readings globally upbeat numbers in US payroll report and data showing a surge in Chinese February exports may send domestic stocks soaring on Monday. Crude
oil that zipped past $70 a barrel, however, may play spoiler.
Here s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 161 points, or 1.08 per cent, higher at 15,114.50 in signs that Dalal Street was headed for a gap-up start on Monday.
Tech View: Nifty charts show weak trend
Nifty50 on Friday slipped below the immediate resistance at the 15,000 mark. The index ended the session forming a Spinning Top candle on the daily scale and a Shooting Star-like candle on the weekly chart. Analysts said the index is likely to test lower levels in the coming days. ....

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