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

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LIVE BLOG

Economic Times | 28 Oct, 2022 | 07:35AM IST

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

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Quarterly earnings today

Maruti Suzuki, Vedanta, Dr. Reddy's Laboratories, Tata Power Company, JSW Energy, Bandhan Bank, Blue Dart Express and Carborundum Universal are among companies that will announce their quarterly earnings today.

SGX Nifty signals a positive start

Nifty futures on the Singapore Exchange traded 49.5 points, or 0.28 per cent, higher at 17,852, signaling that Dalal Street was headed for a positive start on Friday.

Tech View: Nifty ends October series with an Inside Bar

As Nifty ended the monthly F&O expiry day 81 points higher, the headline index formed an Inside Bar on the daily scale. The hourly chart shows that the index is forming a distribution below the key Fibonacci retracement at 17,800 for the last couple of sessions, analysts said.

Tokyo stocks open lower with eyes on BoJ

Tokyo stocks opened lower on Friday following falls in US tech shares, with investors' eyes on a policy decision from the Bank of Japan due later in the day. The benchmark Nikkei 225 index was down 0.92 percent, or 250.72 points, at 27,094.52 in early trade, while the broader Topix index was down 0.54 percent, or 10.26 points, at 1,895.30.

US stocks mixed

The S&P 500 and the Nasdaq posted losses on Thursday, as investors contended with solid economic data and a mixed bag of corporate earnings.

Oil prices fall as dollar climbs

Oil prices fell in early trade on Friday on a stronger dollar, but were on track for a weekly gain on concerns about supply tightening with Europe's pending cut-off of imports from Russia.

Rupee rises 48 paise to clo...

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