Stocks may open on flat note
Mumbai, Feb. 15 -- GIFT Nifty:
Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 6 points at the opening bell.
Global markets:
Overseas, Asian stocks are trading higher Thursday after Wall Street resumed a rally as robust earnings helped overcome worries about persistent inflation.
GDP numbers from Japan showed that Asia's second-largest economy had entered a technical recession. Provisional gross domestic product contracted 0.4% in the fourth quarter compared with a year ago, after a revised 3.3% slump in the July-September period.
US stocks rose on Wednesday as the robust earnings of big technology firms helped ease worries about persistent price pressure. Shares of ride-hailing platforms Lyft ...
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