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sensex today: Stock Market Live Updates: SGX Nifty signals a positive start; Asian shares trade mixed – The Economic Times

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Asian shares tentative, Japan yields close to policy cap ahead of BOJ meeting

Asian shares were mixed on Wednesday while Japanese yields hugged a policy cap, with markets anxiously awaiting a pivotal Bank of Japan (BOJ) meeting that could see the world’s third largest economy shift away from decades of ultra-low interest rates.

Oil prices extend gains on optimism over China’s fuel demand recovery

Oil prices rose on Wednesday, extending the previous session’s gains, driven by optimism that a relaxation of China’s strict COVID-19 curbs will lead to a recovery in fuel demand in the world’s top oil importer.

Quarterly earnings today

28 companies will release earnings for the quarter ended December. Central Bank of India, IndusInd Bank, Persistent Systems, and Rallis India among the major ones.

SGX Nifty signals a positive start

Nifty futures on the Singapore Exchange traded 46 points, or 0.25 per cent, higher at 18,122, signaling that Dalal Street was headed for a positive start on Wednesday.

Tech View: Nifty charts hint at chances of upside breakout

While making higher highs for the last three sessions, the headline equity index Nifty on Tuesday formed a long bull candle on the daily chart that has engulfed the negative candle of the previous session. Analysts say the pattern indicates chances of an upside breakout of the sideways range movement of 18100-17800 levels in the short term.

Tokyo stocks open higher ahead of BoJ decision

Tokyo stocks opened higher Wednesday encouraged by a stable dollar-yen rate, as investors awaited the result of a Bank of Japan policy meeting that could potentially rattle financial markets.The benchmark Nikkei 225 index was up 0.54 percent, or 140.57 points, at 26,279.25 in early trade, while the broader Topix index added 0.42 percent, or 7.92 points, to 1,910.81.

Goldman, Travelers drag Dow lower as earnings season picks up

The Dow fell more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped the Nasdaq stay postive as the corporate earnings season took center stage.

Rupee falls by 12 paise to close at 81.70 against US dollar on firm crude oil prices

The rupee settled 12 paise lower at 81.70 against the US dollar on Tuesday, tracking a rebound in the greenback overseas and firm crude oil prices. Forex traders said sustained foreign fund outflows further weighed on investor sentiment.

Sensex, Nifty on Tuesday

The BSE Sensex index ended 563 points or 0.94% higher at 60,656, while Nifty50 rose 158 points or 0.89% to settle at 18,053.

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