Share Market LIVE: SGX Nifty signals poor start for Nifty, Sensex; US, Asian markets in red

1 month ago 45

SGX Nifty hinted at a weak start for the Indian equity indices BSE Sensex and NSE Nifty. On the Singaporean exchange, Nifty Futures were trading at 18,065, lower by 0.4% or 72 points.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: SGX Nifty hinted at a weak start for the Indian equity indices BSE Sensex and NSE Nifty. On the Singaporean exchange, Nifty Futures were trading at 18,065, lower by 0.4% or 72 points. The market closed yesterday’s choppy session mildly lower as high volatility and low volumes affected trading. “Global equities traded sideways on Wednesday after China took further steps towards reopening its COVID-battered economy; however hopes for an economic rebound were moderated by near-term worries over rising cases. Nifty seems to have run into a road block after a two day rise. However a small intra day range does not give enough signals for the future trend,” said Deepak Jasani, Head of Retail Research, HDFC Securities. KFin Technologies’ IPO will list on the bourses today.

Overnight, Wall Street ended lower as the major indices sunk into the red, losing over 1% each. The NASDAQ Composite and S&P 500 dropped 1.35% and 1.2% respectively while Dow Jones fell 1.1%, erasing hopes of a Santa Claus rally. The Asia-Pacific markets followed suit as Japan’s Nikkei 225 sheds 1.3%, China’s Shaghai Composite dropped 0.2% and Hong Kong’s Hang Seng index traded 1.03% lower.

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