Global cues are looking good for the market. Asia has got off to a strong start. SGX NIFTY has jumped 100 points and crossed 17 thousand 300. Yesterday, the US market saw a rise for the second day. DOW was closed by about 500 points.

The US market has seen a rise for the second day in a row. The impact of Omicron‘s threat on the market has been minimal. The Nasdaq has seen the biggest rise since March 9. Yesterday the Nasdaq closed with a gain of 3%. The Dow closed up 1.4 percent and the S&P500 2.1%.

The S&P500 has seen the biggest rally since March 1. The price of Brent has reached near $75. Meanwhile, the dollar index has turned above 96. The prices of metal shares are seeing a rise again. Pfizer’s vaccine is less effective against Omicron while GSK’s antibody COVID-19 therapy is effective. Here the US will take action in the event of an attack on Ukraine.

Reliance Industries signed a $ 2 billion production JV with the chemical company of Abu Dhabi

Meanwhile, trading is being seen in Asian markets today with an increase. SGX NIFTY is showing a gain of 123.00 points. At the same time, Nikkei is seen around 28,774.05 with an increase of 1.12 percent. At the same time, the Strait Times is showing a weakness of 0.27 percent. Taiwan‘s market is trading at a level of 17,916.99 with a gain of 0.69 percent. Whereas Hang Seng is seen at the level of 24,008.05 with a gain of 0.10 percent. At the same time, Kospi is trading with a slight gain of 0.90 percent. On the other hand, Shanghai Composite is seeing a gain of 0.31 percent at 3,606.41 level.