Jan 12, 2017 09:15 AM IST IST | Source: Moneycontrol.com

Indian benchmark indices may open up; all eyes on TCS Q3

SGX Nifty indicates a positive opening for the Indian market. It was up 25 points at 8422. Asian shares traded mixed following a choppy session in the US with stocks ending higher after President-elect Donald Trump held a raucous and freewheeling press conference that analysts said was sparse on economic policy details.

Moneycontrol Bureau

SGX Nifty indicates a positive opening for the Indian market.  It was up 25 points at 8422. 

Asian shares traded mixed following a choppy session in the US with stocks ending higher after President-elect Donald Trump held a raucous and freewheeling press conference that analysts said was sparse on economic policy details.

The news conference concluded with Donald Trump, who will be inaugurated as the 45th President of the United States on January 20, not providing further clarity on his proposed policies.

The Nasdaq composite fell after Trump made his remarks, as the iShares Nasdaq Biotechnology ETF (IBB) fell 3 percent. The tech-heavy index, however, ended the session 0.2 percent higher at a record closing level. The S&P 500 advanced 0.3 percent, shrugging off a 1 percent decline in health care. Energy stocks led the way in the S&P, rising 1.2 percent.

European stocks closed higher on Wednesday as investors digested comments from Trump's first press conference.

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