scorecardresearchBefore Market Opens: 9 things to know at 9 am on May 6, 2022

Before Market Opens: 9 things to know at 9 am on May 6, 2022

Updated: 06 May 2022, 08:38 AM IST
TL;DR.

The market is likely to open lower on Friday amid weak global cues after the Bank of England raised interest rates to their highest since 2009. This comes after the RBI as well as the US Fed raised interest rates back to back in previous sessions. At 8:20 am, the SGX Nifty was trading 238 points or 1.4 percent lower at 16,443, indicating a gap-down opening for the Indian markets. Let's take a look at some key market cues before the market opens today: