Power Breakfast: Good signs from global markets, US-Asian market rises, LIC IPO will open today

There are good signs from the global markets. The US markets are closing with an edge for the last two days, while the Asian market is also witnessing greenery. Talking about the US market, Dow Jones has closed with a gain of 150 points for the last 2 days. On the other hand, Nasdaq has also seen a rise. IT stocks have rebounded since 2 days, while Nasdaq has gained 2 per cent in 2 days. The 10-year bond yield touched 3 per cent on Monday. Buying is being seen in bank shares due to increase in yield. At the same time, after the results, buying has been seen in selected stocks. Talking about the Asian market, there is a booming environment here too. SGX Nifty is in a buy trend and it is trading with a green mark above 80 points.