#Stock Market News: The market is expected to open in the green on February 16 as trends in the #SGXNifty indicate a positive opening for the broader index in India with a gain of 55 points.
As per the pivot charts, the #Nifty has support at 17,899 followed by 17,856 and then 17,788.
We have collated a list of important headlines across news platforms which could impact Indian as well as international markets: US Markets The S&P 500 ended higher on Wednesday after stronger-than-expected retail sales data offered evidence of resilience in the U.S. economy, but gains were capped as investors worried about more interest rate hikes by Federal Reserve in the months ahead.
Nikkei 225 rose 0.55 percent and the Topix inched up 0.44 percent.
During the April-January 2022-23 period, exports rose 8.51 percent to $369.25 billion, while imports increased 21.89 percent to $602.20 billion, the data showed.
With inputs from Reuters and other agencies

US Markets
The S&P 500 ended higher on Wednesday after stronger-than-expected retail sales data offered evidence of resilience in the U.S. economy, but gains were capped as investors worried about more interest rate hikes by Federal Reserve in the months ahead.

Asian Markets

Asia Pacific markets traded higher on Thursday as investors digested Japan’s record trade deficit of $26 billion according to Refinitiv data that dates back to March 2006. Investors also digested a stronger than expected US retail sales report from Wall Street.

SGX Nifty

Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 55 points. The Nifty futures were trading around 18,075 levels on the Singaporean exchange.

US retail sales post biggest gain in nearly two years

US retail sales increased by the most in nearly two years in January after two straight monthly declines as Americans boosted purchases of motor vehicles and other goods, pointing to the economy's continued resilience despite higher borrowing costs.

US manufacturing output surges in January

Production at US factories rebounded in January, but output in the prior month was much weaker than initially thought amid higher borrowing costs that are hurting the manufacturing sector.

Results on February 16

Nestle India and Schaeffler India will be in focus ahead of quarterly earnings on February 16.

Source -Money Control