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Stock Market LIVE Updates: India markets likely to start slow shows GIFT Nifty; Asian markets mixed

Business Standard LogoBusiness Standard1d ago

Stock Market LIVE Updates: India markets likely to start slow shows GIFT Nifty; Asian markets mixed - Business Standard

Quick Summary:

Stock Market LIVE Updates: The Nifty Bank Index remains range-bound between 52,577 and 51,000, but recent indicators suggest a positive outlook with yesterday’s strong close signaling a potential breakout on the upside.

Investors now await Friday's US jobs report for October.  The Dow Jones Industrial Average fell 154.52 points, or 0.36 per cent, to 42,233.05, the S&P 500 rose 9.40 points, or 0.16 per cent, to 5,832.92 and the Nasdaq Composite rose 145.56 points, or 0.78 per cent, to 18,712.75.  MSCI's gauge of stocks across the globe rose 0.15 point, or 0.02 per cent, to 848.08.

The STOXX 600 index fell 0.57 per cent.  Benchmark 10-year US Treasury yields hit a nearly four-month high on investor wariness to buy the debt before next week's US elections, but dipped later in the day after a strong seven-year note auction.  US 10-year yields were last down 0.6 basis point at 4.272 per cent.  The dollar index, which measures the greenback against a basket of currencies, rose 0.01 per cent to 104.27.  Oil prices closed slightly lower after a more than 6 per cent drop in the previous session.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 07:56:34 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1891 words

Reading Time: 11 minutes read

Sentences: 55 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23334296

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 216 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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