Factors that Will Affect Dalal Street’s Opening on Dec 7 By Investing.com

Factors that Will Affect Dalal Street’s Opening on Dec 7

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By Malvika Gurung

Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was found trading 0.52% higher at 8:35 am on Tuesday, indicating Dalal Street to open a positive note today. At the same time, the Dow Jones Futures was trading 0.13% higher.

The three major indices of Wall Street closed higher on Monday’s session, with the technology-heavy Nasdaq Composite rising 0.93% or 139.68 points, Dow Jones gaining 1.87% or 646.95 points, and the S&P 500 gaining 1.17% or 53.24 points.

This was a result of economy-linked banks, travel-related stocks, and energy scrips surging, after sharp declines in the previous week, after positive comments by a top U.S. official on the Omicron variant.

Stocks across Asian markets inched higher in early trade hours on Tuesday, due to a rally on Wall Street and China’s announcement to support the slow economic growth. MSCI's broadest index of Asia Pacific shares outside Japan was trading 0.89% lower at 8:35 am, and Japan’s Nikkei 2251.27% higher.

At the same time, South Korea's KOSPI was trading 0.42% higher, and China's Shanghai Composite 0.12% lower.

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