Stocks to watch today: Domestic markets are likely to open higher on Wednesday after a soft US inflation data jolted global stocks. At 7:35 am, the SGX Nifty quoted at 18,608 levels, up 187 points from spot Nifty’s close on Tuesday.
Globally, the US inflation slowed sharply to 7.1 per cent in November, boosting stocks in Wall Street. Dow Jones gained over 100 points to close at 0.3 per cent, whereas NASDAQ Composite and the S&P 500 closed at 1.01 per cent and 0.7 per cent, respectively.
Markets in Asia-Pacific, too, cheered in tandem ahead of the US Federal Reserve’s