Stocks to watch today: Improved global sentiments over stronger-than-expected January retail sales report from US is likely to push domestic markets higher in Thursday’s trade.
As of 7:30 am, the SGX Nifty quoted at 18,066 levels, up 43-odd points.
Globally, the US markets closed higher overnight as US retail sales jumped 3 per cent in January, biggest gain since 2021. Key indices like Dow Jones, the S&P 500, and NASDAQ Composite slipped up to 0.9 per cent.
Asia-Pacific markets, too, rose in tandem, with Nikkei 225, Topix, Kospi, Kosdaq, and the S&P 200 indices rising up to 2 per cent.