SGX Nifty firm amid mixed global cues; Brent at $74/bbl

The SGX Nifty, on Friday, indicated a positive start to trade amid mixed global cues. At 7:05 am, it stood at 19,196 levels, up 46-odd points.

Globally, the US markets were mixed overnight ahead of inflation figures. Dow Jones, the S&P 500 indices gained up to 0.8 per cent, while NASDAQ Composite index remained unchanged.

Asia-Pacific markets, too, was mixed in Friday’s early deals, with Nikkei 225 gaining 0.1 per cent, whereas Kospi, Hang Seng, and the S&P 200 indices skid up to 1 per cent.

In the commodities market, prices of Brent Crude and WTI Crude were flat at $74 per barrel, and $69 per barrel, respectively.

Meanwhile, back home, here are top stocks to watch in Friday’s trade:

Creditaccess Grameen: The company’s promoter Creditaccess India BV may sell up to 5.8 per cent stake worth Rs 1,107 crore in the company via block deal today, reports suggested.

T DPower: As per reports, the firm’s promoters & shareholders will likely sell 24.2 per cent stake worth Rs 800 crore in the company via another block deal.

ALSO READ: Stocks to Watch: BPCL, PowerGrid, ATGL, ICICI Bank, T D Power, CreditAccess

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