Stock Market Live Updates: SGX Nifty signals a positive start; Tokyo stocks open higher – The Economic Times

SGX Nifty signals a positive start

Nifty futures on the Singapore Exchange traded 185.5 points, or 1.09 per cent, higher at 17,132.50, signaling that Dalal Street was headed for a positive start on Friday.

Quarterly earnings today

Housing Development Finance Corporation, Sun Pharmaceutical Industries, NTPC, Indian Oil Corporation, DLF, Cipla, Cholamandalam Investment, Torrent Pharma, Star Health, Piramal Enterprises and Ashok Leyland are among companies that will announce their quarterly earnings today.

Tech View: Nifty bulls are back, all eyes on 200-day SMA

Nifty50 on Thursday made an upside breakout, as the index closed above 16,900, breaching a slew of strong resistance hurdles. The index made a gap-up start and still ended up forming a strong bullish candle on the daily scale.

Oil prices rise on tight supply as attention turns to OPEC+ meeting

Oil prices gained about $1 in early trade on Friday, lifted by supply concerns and a weaker U.S. dollar as attention turns to what OPEC and allies including Russia agree at a meeting next week marking the end of their 2020 output reduction pact.

Tokyo stocks open higher

Tokyo stocks opened higher on Friday, extending rallies on Wall Street, after a contraction of the US economy sparked expectations of a slowdown in Federal Reserve rate hikes. The benchmark Nikkei 225 index was up 0.25 percent, or 68.16 points, at 27,883.64 in early trade, while the broader Topix index edged up 0.02 percent, or 0.36 points, to 1,949.21.

US stocks up for 2nd day; Amazon.com, Apple jump after hours

US stocks on Thursday rallied for a second day, with all three major indexes ending up more than 1% as data showing a second consecutive quarterly contraction in the economy fueled investor speculation the Federal Reserve may not need to be as aggressive with interest rate hikes as some had feared.

Rupee rises 22 paise to close at 79.69 against US dollar

The rupee appreciated 22 paise to close at 79.69 against the US dollar on Thursday, as a rally in the domestic equities and less hawkish signals from the US Fed triggered risk-on sentiments in the markets.

Sensex, Nifty on Thursday

The 30-share pack Sensex jumped 1,041 points. Its broader peer, Nifty50, settled above the 16,900 mark. Today, 40 of the Nifty 50 stocks rose, while 10 settled with cuts.

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