In opening market trading Thursday, the SGX Nifty is higher by 25 points which is in trend with what is happening in other Asian markets. The high resistance level for the SGX Nifty on Thursday is 8,390.67 and the low support level is 8,000.67.

As a leading indicator for the NSE Nifty, the SGX Nifty is pointing higher for stocks in India on Thursday. On Wednesday, the NSE Nifty was higher at 8206.60 for a gain of 97.75 points or 1.21 percent. The S&P BSE Sensex was also higher at 26726.34 for a gain of 330.63 points or 1.25 percent. All sectors in India were higher for the day on Wednesday. Sectors leading gains included capital goods, banking, auto and energy. The S&P BSE Capital Goods Index was higher at 14873.97 for a gain of 328.77 points. The S&P BSE Bankex Index was higher at 20525.1 for a gain of 280.18 points. The S&P BSE Auto Index was higher at 19304.06 for a gain of 160.5 points. The S&P Oil & Gas Index was higher at 9459.62 for a gain of 106.55 points.

Stocks leading gains for the day included Larsen & Toubro, State Bank of India and State Bank of Bikaner and Jaipur. In the industrials, Jet Airways and InterGlobe Aviation gained on new aviation policies.

In other Asian markets on Wednesday, China’s Shanghai Composite was higher at 2887.21 for a gain of 45.02 points or 1.58 percent. Hong Kong’s Hang Seng Index was higher at 20467.52 for a gain of 79.99 points or 0.39 percent. Japan’s Nikkei Composite Index was higher at 15919.58 for a gain of 60.58 points or 0.38 percent.

In Europe market indexes were also higher. The Stoxx Europe 600 was higher at 323.63 for a gain of 3.10 points or 0.97 percent. The Stoxx Europe 50 was higher at 2704.64 for a gain of 23.74 points or 0.89 percent. France’s CAC 40 was higher at 4171.58 for a gain of 41.25 points or 1.00 percent. Germany’s DAX was higher at 9606.71 for a gain of 87.51 points or 0.92 percent. The FTSE 100 was higher at 5966.80 for a gain of 43.27 points or 0.73 percent. The FTSE 250 was higher at 16298.32 for a gain of 66.07 points or 0.41 percent.

In the U.S. the leading indexes were lower for the day after the central bank kept interest rates unchanged and lowered its economic outlook. For the day the Dow Jones Industrial Average closed at 17640.17 for a loss of -34.65 points or -0.20 percent. The S&P 500 was also down, closing at 2071.50 for a loss of -3.82 points or -0.18 percent. The Nasdaq Composite closed lower at 4834.93 for a loss of -8.62 points or -0.18 percent.

Other notable index closes in the U.S. included the small-cap Russell 2000, closing at 1149.30 for a gain of 1.48 points or 0.13 percent; the S&P 600 closing at 703.71 for a loss of -0.19 points or -0.03 percent; the S&P 400 Mid-Cap Index closing at 1479.97 for a gain of 2.54 points or 0.17 percent; the Russell 3000 closing at 1222.18 for a loss of -1.37 points or -0.11 percent; and the Dow Jones U.S. Select Dividend Index closing at 594.03 for a loss of -1.74 points or -0.29 percent.