Stock Market LIVE Updates: GIFT Nifty signals lower start for India markets; Asia markets climb

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Stock Market LIVE Updates: GIFT Nifty signals lower start for India markets; Asia markets climb - Business Standard

Quick Summary:

Stock Market LIVE Updates: US markets end lower; asdaq down over 2 per cent.8:32 AMStock Market LIVE Updates: Good morning readers!

The yield is up about 13 bps this week and is set for its eighth weekly rise in the past nine. US crude settled down 2.45 per cent to $67.02 a barrel and Brent fell to settle at $71.04 per barrel, down 2.09 per cent on the day, as investors digested a slower Fed rate-cut path and waning Chinese demand.

Similarly, NSE Nifty50 ended at 23,532.70, down 26.35 points or 0.11 per cent from its previous close. In the broader markets, Smallcap stocks led gains as the Nifty Smallcap100 index rose 0.81 per cent.