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Global market: signal positive from overseas markets, SGX NIFTY and US market strong

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US markets closed strong yesterday on positive talks on the stimulus package.




US markets closed strong yesterday on positive talks on the stimulus package. The DOW gained over 100 points in yesterday’s trade. The DOW had ended with a gain of 113 points in yesterday’s trade. DOW FUTURES is also seeing a bounce of 110 points. An antitrust case has been filed against Google in the US. AstraZeneca vaccine trials will resume in the US. Sweden has banned Huawei and ZTE.

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Today, Asian markets are also seeing a boom. SGX NIFTY appears above 40 points. At the same time, Nikkei is seen around 23,650 with an increase of about 0.34 percent. Straight Times is also seeing a gain of 0.57 per cent. The Taiwan market is trading at 12,927.82, up 0.51 per cent. At the same time, Hangseng is seen at the level of 24,882.92 with an increase of 1.28 percent. Cospi is looking strong at 0.39%. Although Shanghai Composite is seeing weakness, it is showing a decline of 0.16 per cent at the level of 3,322.85.

On the other hand, Corona’s furore continues in the world. AstraZeneca’s Corona vaccine trial will resume in the US. Meanwhile, India has seen the biggest drop in new cases. For the first time in 90 days, less than 50,000 new cases have come in 1 day. In the last 24 hours, 46,790 patients from Corona have been found. For the first time in 3 months, new cases have been less than 50,000.So far, a total of 75,97,063 patients of Corona have been found in the country.

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