SGX Nifty indicates flat start for the Indian indices

SGX Nifty indicates flat start for the Indian indices

Trends on SGX Nifty indicate a flat start for the broader index in India. Asian markets are trading lower following weak closing of Wall Street indices.

Wall Street ends lower:

Wall Street’s three major averages closed lower on Wednesday after a volatile trading session, as investors worried whether difficult negotiations in Washington would produce a deal for a fresh U.S. coronavirus stimulus package.

The Dow Jones Industrial Average fell 97.97 points, or 0.35%, to 28,210.82, the S&P 500 lost 7.56 points, or 0.22%, to 3,435.56 and the Nasdaq Composite dropped 31.80 points, or 0.28%, to 11,484.69.

SGX Nifty : Trends on SGX Nifty indicate a flat start for the broader index in India, with a loss of 4 points, the Nifty futures were trading around 11,913 level on the Singaporean Exchange.