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Hawkish minutes of the US Federal Reserve’s latest policy meeting, coupled with a strong jobs report in the US, have rekindled fears that the Fed shall remain steadfast on the path of monetary policy tightening in 2023.
Global markets are flashing mixed signals with major indices in Asia, including Nikkei and Kospi, trading up to 0.3 per cent higher.
At 7:30 AM, SGX Nifty was at 18,050, down 15 points.
Stocks in focus on Friday, January 6:
Reliance Industries: Reliance Jio has signed a partnership with British football club Manchester City (Man City) to become its official mobile communications network partner in India. Man City’s OTT platform CITY+ will be integrated into the JioTV platform and provide exclusive content to Indian viewers, the company said on Thursday.
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