Power Breakfast: Global Market Sluggish After Yesterdays Rally, SGX Nifty Saw A Slight Sell-off

Global markets witnessed a sluggishness today after rising during Monday's trading session. Mixed business in Asia's markets, while Europe's markets have seen a rise of 1% as Europe has got relief due to reduced supply concerns of China. American bonds have risen to 2.8%. Today the meeting between US President Joe Biden and Fed Chairman Jerome Powell will be monitored. SGX Nifty is down by about 50 points and this index is trading in the red mark.