Live Market Updates Today: 23 June

The SGX Nifty is indicating a marginally higher start for the broader index on Friday, with a gain of 51 points. The SGX futures stood at 18,923.

In the US markets, stock futures were little changed in overnight trading on Thursday. Futures tied to the S&P 500 inched up by 0.05 percent, while Nasdaq-100 futures gained about 0.1 percent. Futures connected to the Dow Jones Industrial Average rose 29 points, or 0.08 percent. The tech-heavy Nasdaq Composite saw a 0.95 percent increase, with shares of Apple reaching an all-time high. The S&P 500 added 0.37 percent, while the Dow Jones Industrial Average lost 4.81 points, primarily due to pressure from shares of Boeing. All three major averages are set to break multi-week winning streaks, with the Dow and S&P 500 losing 1 percent and 0.6 percent since the start of the week, respectively. The Nasdaq is down 0.4 percent, on pace to snap an eight-week rally and post its worst weekly stretch since April.

European markets closed lower on Thursday, influenced by the Bank of England's decision to opt for a more hawkish 50 basis point rate hike. The benchmark Stoxx 600 closed 0.5 percent lower, with banks dropping 2 percent and autos decreasing 1.4 percent. The FTSE closed 0.76 percent lower at 7,502 points, while the DAX closed 0.22 percent lower at 15,988 points.

In Asia-Pacific markets, Japan's Nikkei 225 rebounded and climbed 0.56 percent, while the Topix also rose 0.39 percent. South Korea's Kospi fell 0.12 percent, and Australia's S&P/ASX 200 opened 0.49 percent lower after two consecutive days of losses. Hong Kong's Hang Seng index is poised for a higher open following a public holiday, with futures at 19,243 compared to the HSI's close of 19,218.35. Mainland Chinese markets are closed on Friday for a public holiday.

Oil prices fell about 4 percent on Thursday due to concerns about the economy and fuel demand, despite a surprise draw in US oil supplies. Brent futures settled down 3.9 percent to $74.14 a barrel, while US West Texas Intermediate (WTI) crude futures were down 4.2 percent at $69.51.

The Dollar index traded 0.02 percent higher in futures at 102.40, while the value of one dollar hovered near Rs 81.93.

Gold dropped nearly 1 percent to a fresh three-month low on Thursday, influenced by the possibility of more rate hikes and signs of a softer labor market. Spot gold was down 0.9 percent to $1,914.20 per ounce, set for its fifth straight daily decline. U.S. gold futures fell 1 percent to $1,925.20.

According to provisional data from the National Stock Exchange, foreign institutional investors (FII) sold shares worth Rs 693.28 crore, while domestic institutional investors (DII) purchased shares worth Rs 219.42 crore on June 22