Stocks to watch today: Improved global sentiments are likely to instill strength in domestic markets on Friday. As of 7:05 am, the SGX Nifty suggested a gap-up start as it quoted around 17,144 levels, up over 100 points.
Globally, a relief rally cheered US markets overnight, after a consortium of banks said it would aid First of Republic with $30 billion deposits. Key indices Dow Jones, NASDAQ Composite, and the S&P 500 advanced up to 2 per cent.
Asia-Pacific markets, too, inched higher this morning, with Nikkei 225, Topix, Kospi, Kosdaq, the S&P 200 indices rising up to 0.9 per