Today Opening Bell by Money CapitalHeight

Stock Market Opening News :- Markets area unit seemingly to open flat on Monday with defence stocks focussed on announcement of the new defence acquisition policy whereas state-owned banks might witness profit taking when the sharp rebound within the previous session.At 8:40am, the first indicator SGX slap-up was up thirty seven points at seven,211.Foreign institutional investors were web sellers in equities to the tune of Rs one,312 large integer on Monday, as per tentative exchange information.

Asian markets were mercantilism higher with Chinese shares gaining the foremost when a subdued session on Monday. The benchmark Shanghai Composite was up a pair of.3% whereas suspend Seng was up one.7%. Nikkei that had surged nearly seven-membered within the previous session was mercantilism nearly one hundred and twenty fifth higher whereas Straits Times was up zero.6%.European shares all over higher on Monday with bank and telcom shares leading the gains. Bank stocks gained momentum when the ECB's action to get a lot of Italian dangerous bank loans. All the foremost benchmark indices within the region all over over a pair of higher with CAC, DAX and FTSE-100 up 2%-2.9% each.

Meanwhile, North American nation markets were closed on Monday on account of President's Day vacation.

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