Stocks poised for higher opening

By Capital Market10 days ago

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SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 56 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed on Thursday after the S&P 500 nudged higher to a record closing high overnight.

In US, the S&P 500 gained slightly to hit a record high on Wednesday. The moves on Wall Street came as the U.S. Federal Reserve released minutes from its March 16-17 meeting during which it kept its accommodative policy in place. The meeting summary indicated that while officials saw the economy was gaining considerably, they see much more progress needed before ultra-easy policy changes.

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