Nifty Above 12900, Sensex Just Shy Of 44000 Despite Mixed Global Cues

SGX Nifty is trending positive even as the overnight US markets saw weakness on weak jobless data. Indian benchmark indices after a bloodbath yesterday opened positively. Nifty held above 12900, while Sensex gained 170 points to 43998.

Nifty, SenseNifty Above 12900, Sensex Just Shy Of 44000 Despite Mixed Global Cuesx Gains Despite Mixed Global Cues

Sebi's meet is also seen to have a bearing on the markets today with main agenda being reducing settlement date to T+1.

Tanla Platforms on another acquisition by Vantage Equity Fund and Massachusetts Institute of Technology hit a fresh new 52-week high. The counter is on a high ever since March collapse. This is the third straight when the stock has hit new fresh high.

Siemens is also trading higher by 5 percent after its modest Q2FY21 result. The company declared a dividend of Rs. 7 per share of Rs 2 each for the financial year ended September 2020.

Further there is a nationwide PSU strike announced against government policies.

Meanwhile, the Asian markets are trading mixed with Japan's Nikkei up by as much as 0.66 percent.