Stock Market Today: The Nifty futures contract traded 31.5 points, or 0.18 percent, lower at 17,732 on the Singapore Exchange, indicating that Dalal Street will have a bad start on Tuesday. On the daily scale, Nifty on Monday created a long, red candle with a smaller shadow. Chartists suggested that this might be a short-term market negative reversal.
Tokyo stocks open higher
Tokyo markets started the day higher on Tuesday thanks to a weaker yen, which helped US stocks close with moderate gains as investors in the biggest economy in the world awaited more business results.The more inclusive Topix index increased by 0.33 percent, or 6.78 points, to 2,033.75, while the benchmark Nikkei 225 index increased by 0.17 percent, or 47.05 points, to 28,561.83 in early trade.
Stock Market Today: Dow, S&P 500 end higher
While investors prepared for a busy week of corporate results and remarks from Federal Reserve officials that could provide additional insight into the course of interest rates, major U.S. stock indexes registered moderate gains on Monday, helped by banking and industrial firms.
About the Rupee and Oil
On Monday, the rupee lost 16 paise to end the day at 82.01 against the US dollar as investor sentiment was dampened by a strong US dollar abroad and a downward trend in domestic markets. Following a 2% decline in the previous session, oil prices remained stable in early trade on Tuesday as investors awaited the release of economic data from China in an effort to counteract weaker demand elsewhere.
Disclaimer: (This piece of information is purely informational. It is important to note that offers, discounts, and/ or any other scheme/ information/ statistics must be personally verified by the readers from the respective sources. Readers are advised to invest or purchase solely at their own risk. DNP News Network Private Limited, website or the writer doesn’t validate the offers in any context. We will not be liable for any financial or other losses.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.