The Nifty saw a volatile session on Friday with banks leading the index lower while pharma & IT stocks lent a helping hand as the index oscillated 135 points.
Bank Nifty ended lower by over 330 points as large-cap banks like ICICI, HDFC & Axis saw selling pressure.
For today, again expect banks to lead the downside even as IT & pharma see buying interest.
US Market: US stocks close at fresh new all-time highs as Dow Jones jumps by 290 points while S&P 500 index crosses 4100 with Nasdaq also gaining over 0.50%.
Bond yields rise higher to 1.66% even as US$ sees weakness with oil prices also seeing marginal gains.
Asian Market: Asian markets opened in the green led by the Japanese, South Korean & Taiwan markets as a shortage in semiconductors are seeing a ramp-up of production in these specific countries.
Chinese markets will again be in action as a surge in the 2nd wave of Covid infections in Asia could see money chase Chinese stocks as they stand out.