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Markets Live Updates: Oil falls as economic concerns offset prospect of tighter supplies
Oil prices slipped on Monday as concerns about fuel demand at top global oil consumers U.S. and China offset optimism about tightening supplies from any OPEC+ cuts and a resumption in U.S. buying for reserves.Brent crude futures fell 43 cents, or 0.6%, to $73.74 a barrel by 0130 GMT while U.S. West Texas Intermediate crude was at $69.67 a barrel, down 37 cents, or 0.5%.
Markets Live Updates: Asian shares brace for China data, Fed speakers
Asian stocks started cautiously on Monday as investors braced for a China policy rate decision and economic data this week, while awaiting a host of U.S. Federal Reserve officials to speak to vindicate market pricing of rate cuts this year.
Quarterly earnings today
Tube Investments, Astral, Coromandel International, Pfizer, PVR Inox and a slew of other companies will announce their quarterly results today.
Markets Live Updates: SGX Nifty signals a negative start
Nifty futures on the Singapore Exchange traded 54.5 points, or 0.30 per cent, lower at 18,269.50, signaling that Dalal Street was headed for negative start on Monday.
Tech View: Nifty forms long bull candle on weekly charts
Nifty today formed a small green candle with a long lower shadow, which indicates buying is visible at lower zones. The weekly scale saw the formation of a long bull candle with a minor upper shadow to negate last week’s bearish pattern.
US stocks slip with tech-related shares; consumer sentiment drops
U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following their recent rally, as data showed U.S. consumer sentiment dropped to a six-month low.
Rupee falls 9 paise to close at 82.18 against US dollar
Falling for the second straight session, the rupee depreciated by 9 paise to settle at 82.18 against the US dollar on Friday, as a strong greenback overseas weighed on investor sentiments.
Sensex, Nifty on Friday
The BSE benchmark Sensex rose 123 points or 0.20% to settle at 62,027. The broader NSE Nifty rose 18 points or 0.10% to end at 18,315.