Stock Market Live Updates: SGX Nifty signals a positive start; Tokyo shares trade higher

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Economic Times | 07 Nov, 2022 | 08:28AM 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

Coal India, Divi's Laboratories, Bharat Petroleum Corporation, One97 Communications, Aditya Birla Capital, Endurance Technologies and Aditya Birla Capital are among companies that will announce their quarterly earnings today.

SGX Nifty signals a positive start

Nifty futures on the Singapore Exchange traded 74.5 points, or 0.41 per cent, higher at 18,277.50, signaling that Dalal Street was headed for a positive start on Monday.

Tech View: Nifty forms long bull candle on weekly scale.

Domestic headline equity index Nifty on Friday formed a bullish candle on the daily scale and a long bull candle on the weekly charts, indicating that the bulls may get stronger going forward.

Tokyo stocks open higher

Tokyo stocks opened higher on Monday as global market sentiment improved on solid US jobs data and hopes for an economic reopening in China. The benchmark Nikkei 225 index was up 0.66 percent, or 178.65 points, at 27,378.39 in early trade, while the broader Topix index rose 0.75 percent, or 14.27 points, to 1,929.67.

Wall Street rallies to close out soft week after jobs report

US stocks closed higher on Friday in volatile trade to snap a four-session losing streak as investors wrestled with a mixed jobs report and comments from Federal Reserve officials on the pace of interest rate hikes.

Oil falls as China sticks to strict COVID policy

Oil prices fell more than 2% at the start of Asia trade on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world's top crude importer.

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