Tuesday, 24 January 2017

Market may open slightly up

Looking to continue its momentum from the last session, the market may open slightly higher. The SGX Nifty was trading marginally up around 0.20 percent on Tuesday. Corporate earnings of few index heavyweight may decide course of market today. Asian markets were mixed in early trade, taking cues from a weak handover from Wall Street as US President Donald Trump formally withdrew the nation from the Trans-Pacific Partnership (TPP) trade deal. 

The Nikkei was down three tenth of a percent in early trade, extending the previous session's declines of more than 1 percent, while the Korean markets were trading flat with a negative bias.

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