Stock Market Live Updates: SGX Nifty signals a negative start; Asian shares trade mixed

1 year ago 86


Economic Times | 16 Nov, 2022 | 08:35AM IST

Watch this space as we bring you LIVE updates of the day's proceedings from Dalal Street.

Show more Show less

!1 New UpdateClick here for latest updates

Asian stocks drop on geopolitical worries

Asian stocks dropped and the dollar gained on Wednesday after blasts in Poland that Ukraine and Polish authorities said were caused by Russian-made missiles.

Oil prices steady as China COVID worries outweigh supply concerns

Oil prices were little changed on Wednesday as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world's top crude importer, and outweighing concerns about an escalation of geopolitical tensions and tighter oil supply.

SGX Nifty signals a negative start

Nifty futures on the Singapore Exchange traded 84 points, or 0.45 per cent, lower at 18,410.50, signaling that Dalal Street was headed for a negative start on Wednesday.

Tech View: Nifty charts signal buying interest

Headline index Nifty, which made a record closing high today, formed a bullish candle on the daily chart with a lower shadow. Analysts said this pattern indicates an emergence of buying interest in the market after a couple of days of the choppy movement.

Tokyo stocks down after muted US gains

Tokyo stocks fell on Wednesday after rallies on Wall Street were curbed by geopolitical risks linked to the war in Ukraine. The benchmark Nikkei 225 index was down 0.69 percent, or 194.32 points, at 27,795.85 in morning trade, while the broader Topix index lost 0.64 percent, or 12.65 points, to 1,951.57.

Wall Street gains on inflation data, but rocky on geopolitics

Wall Street's main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seiz...

Read Entire Article