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MARKET NOW | Sensex erases all gains, slips into the red
How crypto currencies are faring today
Market View: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
US jobs data to be released today and the CPI numbers expected on September 13th will give an indication about the strength of the US economy and its influence on the US Fed’s rate decision later this month.
The near-term outlook for the market has turned bearish amidst volatility. Investors can utilise deep cuts in the market to buy domestic cyclicals like autos which are showing strong resilience supported by healthy and improving fundamentals.
Realty index leads sectoral gainers; check out the top performers from the pack
Price as on 02 Sep, 2022 09:23 AM, Click on company names for their live prices.
Sector Watch | All indices trade in the green
Opening Bell: Sensex rebounds 200 pts; Nifty near 17,600; NTPC jumps 3%, Adani Enterprises 2%
Asian shares struggle ahead of U.S. payrolls report
Asian shares were mixed and the dollar stood tall on Friday ahead of a key U.S. jobs report as investors braced for more aggressive rate hikes from the Federal Reserve, while commodities took an overnight dive amid new China lockdowns.
SGX Nifty signals a positive start
Nifty futures on the Singapore Exchange traded 43.5 points, or 0.25 per cent, higher at 17,612, signaling that Dalal Street was headed for a positive start on Friday.
Quarterly earnings today
Modulex Construction, Mewar Hi-Tech Engineering and Celestial Biolabs are among companies that will announce their quarterly earnings today.
Tech view: A Nifty50 fall below 17,350 can give bears the upper hand
After a gap-down start, the Nifty50 on Thursday ended up forming a small bullish candle on the daily scale, but with a long upper wick, suggesting intraday recovery was sold into. Analysts said the ongoing consolidation in the 17,350-17,750 range to continue going ahead.
Oil firms on bets OPEC+ will talk up output cuts to stem sinking prices
Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, but the benchmarks were still on track to post their worst weekly drop in four on fears COVID-19 curbs in China and weak global growth will hit demand.
Tokyo stocks trade lower ahead of US jobs data
Tokyo stocks traded lower on Friday morning ahead of US jobs data due later in the day. Shares had opened slightly higher, but around half an hour into the session, the benchmark Nikkei 225 index was down 0.16 percent, or 45.40 points, at 27,616.07, while the broader Topix index was down 0.55 percent, or 10.56 points, at 1,924.93.
S&P 500 snaps four-session losing streak with payrolls on deck
A late rally helped the S&P 500 snap a four-session losing skid on Thursday with investor focus turning to a key report on the labor market on Friday.
Rupee declines by 4 paise to 79.56 against dollar on forex outflows
The rupee declined by 4 paise to close at 79.56 against the US dollar on Thursday due to a stronger dollar in the global markets and foreign fund outflows from domestic equities.
Sensex, Nifty on Thursday
The 30-share Sensex fell 770 points to end at 58,767. Its broader peer, Nifty50, declined 217 points to end at 17,543.