SGX Nifty indicates a positive opening for Indian markets Nov 27

For today, expect sector/stocks outperform as index sees range bound moves near 13000.

SGX Nifty is at 13,056.20 levels, up 24.00 points. (Updated at 7:40 AM)

The Nifty saw another volatile day with a weak start seeing Nifty hit 12790 before last hour buying by foreign investors saw the index end @ 13000, seeing intra day volatility of over 228 points.

Bank Nifty also saw intra day moves of nearly 700 points before closing near the highs for the day. Banks, IT & metals led the rally while mid caps also joined the chorus being the best performing index for the month.

For today, expect sector/stocks outperform as index sees range bound moves near 13000.

US Market: US markets closed for Thanksgiving holiday; most global markets close unchanged with bond yields seeing slight increase as oil sees best month of the year.

Gold prices see bounce from recent lows as Bitcoin crashes 14% overnight.

Best ever November for most global equity markets in recent history sees highest ever flows into emerging markets.

Asian Market: Asian markets opened mixed with the Japanese Nikkei trading higher by over 100 points in early trade while the Australian & South Korean markets traded flat to mildly negative.

Global cues appear quite ahead of the long weekend with half day trades in the US market on account of Thanksgiving holiday.

Chinese stocks appear set for a bounce as they have underperformed this month & look set to head for gains.