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

1 week ago 29


Economic Times | 05 Aug, 2022 | 07:05AM IST

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

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Oil prices extend losses on demand worries

Oil prices extended losses on Friday, after hitting their lowest since before Russia's February invasion of Ukraine in the previous session, as the market fretted over the impact of inflation on global economic growth and demand.

SGX Nifty signals a positive start

Nifty futures on the Singapore Exchange traded 53 points, or 0.30 per cent, higher at 17,450, signaling that Dalal Street was headed for a positive start on Friday.

Quarterly earnings today

Titan Company, Mahindra & Mahindra, FSN E-Commerce Ventures, One97 Communications, Alkem Laboratories, Petronet LNG, NMDC, Aditya Birla Fashion and Retail, Motherson Sumi Wiring India, UCO Bank, Fortis Healthcare, Graphite India and Raymond are among companies that will announce their quarterly earnings today.

Tech View: Nifty50 turns sideways, faces 17,500 hurdle

Analysts said the index turned sideways after the recent rally and expect it to find support around 17,200 level. They see resistance for the index at 17,500. This is the same level around which the Nifty50 attracted selling pressure during Thursday's session.

Tokyo stocks rise after US tech gains

Tokyo stocks traded higher Friday following tech gains on Wall Street while more businesses reported that higher raw material prices were weighing on profits. The benchmark Nikkei 225 index opened flat then rose 0.23 percent, or 65.06 points, to 27,997.26, while the broader Topix index was up 0.30 percent, or 5.77 points, at 1,936.50.

Wall Street ends mixed as investors eye payrolls data

Wall Street's main indexes ended mixed on Thursday as gains in hig...

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