Pre-open session:
LIVE market updates: Frontline indices ended flat on the bourses in the pre-open session. The BSE Sensex, for instance, settled around 60,755 levels, up 36 points. The Nifty50, on the other hand, was up 17 points at 18,127.
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Updated at 8:25 AM
LIVE market updates: Indices may continue to trade sideways on Tuesday amid lack of triggers. At 8:15 AM, SGX Nifty was up 56 points at 18,195 levels.
On tech charts, the Nifty needs to sustain above 18,070-odd level for further gains. While the index can rally up to 18,500 on the higher side, the Nifty can drop to 17,800-odd levels on the downside.
Primary Market Update
Tarsons Products’ Rs 1,024 crore IPO managed full subscription by the end of Day 1 with retail portion seeing a subscription level of 2.1 times.
Global cues
On Monday, the US markets ended almost flat amid an uptick in Treasury yields. According to a Reuters report, the focus is now on retail sales data for October, which is expected to show the impact of inflation on consumer spending.
In Asia, Hang Seng and Taiwan were up 0.3 per cent each. Nikkei, Shanghai Composite, Straits Times and Kospi were more or less unchanged.
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