Asian Markets Fell on Wednsday, Meanwhile Us Stock Market Inched Lower as Traders Brace for the Federal Reserve’s Rate Decision Due Wednesday AFTERNOONOON State.
On Tuesday, The Indian Stock Market Ended in Red on Profit-Booking in Select Heavyweights, Including HDFC Bank, Reliance Industries and Bajaj Finance AMID WeAD WeAD WeAD Weak Global Cues.
The sensex finished the session down by 213 points, or 0.26%, closing at 81,583.30, while the nifty 50 slipped 93 points, or 0.37%, to settle at 24,853.40.
“Markets Remained Lackluster and Ended Nearly Half a Percent Lower, Continuing The Ongoing Consolidation Phase. After an initial decline, the nifty index tradeed with At the 24,853.40 Level. Barring the it sector, all key inded lower, with pharma, metal, and real among the top losers. declined by over half a percent et.
In the absence of any major domestic events, global cues – Such as updates on Ongoing Geopolitical Tensions and the out the fomc meeting –Will guide the market trend and are likelike to keeep Volativated. AMID This Backdrop, Participants Should Maintain a Stock-Specific Trading Approach While Managing Position Sizes Prudently, “Said Ajit Mishra-SAVP, Religare Brooking Ltd.
Here are key global market cues for senses today:
Asian markets
Asia-Pacific stock markets declined on wedding as escalating tensions between israel and Iran damned investor confidence.
Japan’s Nikkei 225 Index Slipped 0.15%, While The Broader Topix Fell by 0.18%. In south korea, the kospi dropped 0.44% and the kosdaq, focused on smaller-cap stocks, edged down 0.15%. Futures for Hong Kong’s Hang Seng Index Last Traded at 23,813, suggesting a Softer Start ahead Compared to the Previous Closing Level of 23,980.30.
Gift nifty today
Gift nifty was trading Around 24,834 Level, a discount of Nearly 29 points from the nifty futures’ Previous close, indicating a weak start for the Indian Start for the Indian Stock Market INDICES.
Wall Street
Us stock futures edged Slightly downward as investors remained cautious ahead of the federal reserve’s interest rate decision, expected wedding afternoon in the US
On tuesday, all three Major indexes on Wall Street Closed in Negative Territory. The Dow Jones Industrial Average Dropped 299.29 Points, or 0.70%, Finishing at 42,215.80. The S&P 500 declined by 0.84% to Close at 5,982.72, While The Nasdaq Composite Slid 0.91% to Settle at 19,521.09.
Israel -ran war
Overnight, the conflict between israel and Iran escalated significantly, prompting the united states to increase its Military presence in the region. In response to the growing tensions, us President Donald Trump Convented a meeting with his national security team, Although the details of any potential strategy remain remain and The situation has intensified Diplomatic Concerns, with the us aiming to maintain a balance a balance of between deterreence and the risk of broader regional instability.
Crude oil price
Oil Prisis Edged Higher in Early Wednsday Trading, Building on a more than 4% Gain from the Previous Session AMID CONCERNS That the ongoing Iran-Israel CONFLICT COLD IPPLICT SUPPLES.
As of 0029 GMT, Brent Crude Futures Had Climbed 19 Kents (0.25%) to Reach $ 76.64 per barrel, when us west texas intermediate (WTI) Crude Rose 23 cents (0.31%) to + 75. 75. 75. 75. 75. 75. 75. 75. or 75. 75. or 75. or 7.07 per year.
Gold Price Today
Gold pris inched Higher on Tuesday, Driven By Increased Safe-Hen Demand Amid Escalating Tensions Between Iran and Israel. However, gains were restrained by a stronger us dollar.
Spot Gold Rose by 0.2% to Reach $ 3,390.59 per oounce as of 1:51 PM EDT (1751 GMT), What US Gold Futures Closed 0.3% Lower at $ 3,406.90. Meanwhile, Silver Pries Surged to a 13-Year High.
Dollar
The us dollar recovered earlier losses and strengthened against the yen on tuesday, following economy data indicating that American consumers are being ongoing more cautious amid ongoing uncertiah trade and information Just ahead of the federal reserve’s upcoming interest rate decision.
(With inputs from agencies)
Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
Discover more from
Subscribe to get the latest posts sent to your email.
Be First to Comment