Global Markets Update
The SGX Nifty is trading in the red, down by 161 points. Major Asian markets are trading lower. In Japan, the Nikkei fell 0.8% and Hong Kong’s Hang Seng declined 1.1% at 7 am India time.
The US markets fell for the second consecutive day and gave up early gains. The Dow Jones fell 1.5%, while the Nasdaq slipped 2.9%. European markets ended higher in the range of 0.3% to 0.9%.