Begin typing your search...

Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the broader index in India with a gain of 59 points

image for illustrative purpose

Market Live Updates
X

9 Feb 2022 9:26 AM IST

The BSE Sensex was up 187.39 points at 57,808.58, while the Nifty50 rose 53.20 points to 17,266.80 and formed small bearish candle which resembles Hammer kind of pattern formation on the daily charts.

US Markets

Big Tech gave major US stock indexes a boost on Tuesday and European shares ended largely unchanged as a sharp fall in oil prices took the shine off bumper profits from oil company BP.

The Dow Jones Industrial Average rose 1.06 percent to end at 35,462.78 points. The S&P 500 gained 0.84 percent to 4,521.52. The Nasdaq Composite climbed 1.28 percent to 14,194.46.

Asian Markets

Shares in Asia-Pacific rose in the Wednesday morning trade, with stocks in Hong Kong leading gains regionally. In Japan, the Nikkei 225 gained 0.83 percent, while the Topix index climbed 0.8 percent. Shares of SoftBank Group surged 5.34 percent after the Japanese conglomerate on Tuesday announced plans to take Arm public following the collapse of a planned sale of the unit to Nvidia.

Live Updates

  • 9 Feb 2022 9:31 AM IST

    FII and DII data

    Foreign institutional investors (FIIs) net sold shares worth Rs 1,967.89 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 1,115 crore in the Indian equity market on February 8, as per provisional data available on the NSE.

  • 9 Feb 2022 9:30 AM IST

    US posts record trade deficit in 2021

    The US trade deficit surged to a record high in 2021 as imports increased sharply amid the restocking of shelves by businesses to meet robust domestic demand. The Commerce Department said on Tuesday that the trade deficit increased 27.0% last year to an all-time high of $859.1 billion. The deficit was at $676.7 billion in 2020.

  • 9 Feb 2022 9:30 AM IST

    Gold near 2-week high as inflation risks lift safe-haven appeal

    Gold prices were steady on Wednesday near a two-week high scaled in the previous session, as inflationary risks and Russia-Ukraine tensions underpinned the safe-haven metal, despite the prospect of an aggressive rate hike by the US central bank.

    Spot gold was steady at $1,825.89 per ounce by 0108 GMT, hovering close to Tuesday's high of $1,828.68. US gold futures dipped 0.1 percent to $1,826.30.

  • 9 Feb 2022 9:29 AM IST

    RBI may hike reverse repo rate to 3.55%, keep repo unchanged, suggests poll

    The Reserve Bank of India (RBI) may hold its repo rate steady but economists expect an increase in the reverse repo rate as part of a process to reduce the surplus liquidity poured into the markets earlier during the pandemic.

    The three-day RBI monetary policy committee (MPC) meeting that began yesterday will conclude on February 10, having been rescheduled after Maharashtra declared a day of mourning on February 7 following the death of legendary singer Lata Mangeshkar.

    A Reuters poll of economists forecast that the central bank will raise the reverse repo rate - the rate at which it borrows from banks - to 3.55 percent from 3.35 percent, narrowing the gap with the repo rate to 45 basis points (bps).

  • 9 Feb 2022 9:28 AM IST

    Oil prices nudge up after API data shows surprise drop in US stocks

    Oil prices nudged up on Wednesday following two sessions of losses after industry data showed an unexpected drop in US crude and fuel stocks, offsetting concerns of a possible rise in supplies from Iran.

    Brent crude futures rose 23 cents, or 0.3 percent, to $91.01 a barrel by 0122 GMT, while US West Texas Intermediate crude was at $89.47 a barrel, up 11 cents, or 0.1 percent.

sensex BSE National Stock Exchange Nifty Nifty50 
Next Story
Share it