In opening market trading Thursday, the SGX Nifty is higher by 45.5 points. The high resistance level for Thursday is 8,146.17 and the low support level is 7,693.17.

As a leading indicator for stocks in India, the SGX Nifty is pointing higher for Thursday with continued gains expected from Wednesday. On Wednesday the NSE Nifty was higher at 7934.90 for a gain of 186.05 points or 2.40 percent. The BSE Sensex was higher at 25881.17 for a gain of 575.70 points or 2.28 percent.

All stock sectors were higher in India on Wednesday with banking stocks leading gains. The S&P BSE Bankex was higher at 19296.71 for a gain of 593.24 points. Capital goods, auto, technology and energy were also significantly higher for the day. Stocks leading gains for the day included Hindustan Unilever, up 2 percent, Hero MotoCorp, up 1 percent and Tech Mahindra, up 11 percent.

In other European markets on Wednesday, the FTSE 100 was higher at 6,262.85 for a gain of 43.59 points or 0.70 percent. The FTSE 250 was higher at 17,232.64 for a gain of 96.97 points or 0.57 percent. Germany’s DAX was higher at 10205.21 for a gain of 147.90 points or 1.47 percent. France’s CAC 40 was higher at 4481.64 for a gain of 50.12 points or 1.13 percent. The Stoxx Europe 600 was higher at 348.56 for a gain of 4.44 points or 1.29 percent. The Europe Dow was higher at 1571.34 for a gain of 26.69 or 1.73 percent.

In Asia, stock trading was mixed. Japan’s Nikkei was higher at 16757.35 for a gain of 258.59 points or 1.57 percent. Hong Kong’s Hang Seng Index was higher at 20368.05 for a gain of 537.62 points or 2.71 percent. In China, the Shanghai Composite was lower at 2815.09 for a loss of -6.58 points or -0.23 percent. The Asia Dow was higher at 2619.25 for a gain of 58.05 points or 2.27 percent.

U.S. market indexes were higher Wednesday. The Dow Jones Industrial Average was higher at 17,851.51 for a gain of 145.46 points or 0.82 percent. The Standard & Poor’s 500 was also higher at 2,090.54 for a gain of 14.48 points or 0.70 percent. The Nasdaq Composite was higher for the day at 4,894.89 for a gain of 33.84 points or 0.70 percent.

Other notable index closes in the U.S. included the small-cap Russell 2000, higher at 1,141.02 for a gain of 5.72 points or 0.50 percent; the S&P 600 at 697.88 for a gain of 3.86 points or 0.56 percent; the S&P 400 Mid-Cap Index, at 1,481.20 for a gain of 9.71 points or 0.66 percent; the Russell 3000, at 1,231.34 for a gain of 8.44 points or 0.69 percent; the Russell 1000, at 1,157.12 for a gain of 8.11 points or 0.71 percent; and the Dow Jones U.S. Select Dividend Index, at 587.68 for a loss of 2.94 points or 0.50 percent.