Stocks to watch today: Markets are likely to open on a cheerful note on Friday amid positive global sentiments ahead of Jackson Hole symposium. As of 7:40 am, the SGX Nifty Futures quoted 17,685 levels, indicating a gap-up open of 163-odd points on the Nifty50.
Globally, investors remained undaunted in the US markets despite rate hike fears. Dow Jones climbed 300 points to close at 0.9 per cent, while the S&P 500 and NASDAQ Composite rose 1.4 and 1.6 per cent, respectively.
Asia-Pacific markets followed suit and inched higher in early trade. Nikkei 225, Hang Seng, S&P 200, Kospi surged