Stocks to watch today: A gap up open is likely for the Indian equity markets on Friday amid strong global cues and weaker dollar. At 7:30 am, the SGX Nifty quoted at 18,398 levels, 370 points higher.
Globally, the US markets skyrocketed overnight as investors cheered cooler inflation report. The core consumer price index (CPI) slowed to 7.7 per cent in October, which came below street estimates, and hit the lowest level since January.
This, therefore, sparked sharp rally in Wall Street as Dow Jones, NASDAQ Composite, and the S&P 500 indices surged up to 7 per cent, posting biggest