Stocks to watch today: A gap-up open is on cards for domestic markets on Friday, after global sentiments improved over Federal Reserve official's signal towards a measured rate hike approach. As of 7:30 am, the SGX Nifty stood at 17,460 levels, up over 100 points.
Globally, the US markets witnessed a relief rally after Federal Reserve's Atlanta President Raphael Bostic said that he is in favor of quarter-point hikes. Dow Jones, NASDAQ Composite, and the S&P 500 indices climbed up to 1 per cent overnight.
Asia-Pacific markets, too, mimicked similar movements to trade higher this morning. Nikkei 225, Topix, the