Market LIVE: Indian equities seen below stress; SGX Nifty flat

Picture: Reuters


  • Asian shares and US futures drifted Tuesday after the S&P 500 Index failed at one other try to interrupt a report excessive amid an deadlock over U.S. stimulus measures

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18 Aug 2020, 08:42:49 AM IST

Market at shut on Monday

Market benchmarks Sensex and Nifty broke their three-session shedding streak on Monday as beneficial properties in energy, auto and FMCG shares offset weak spot in banking counters.

After opening 185 factors greater, the BSE Sensex was gripped by early volatility and swung about 386 factors through the session. The 30-share index lastly settled 173.44 factors or 0.46 per cent greater at 38,050.78.

Likewise, the NSE Nifty ended 68.70 factors or 0.61 per cent up at 11,247.10.






18 Aug 2020, 08:41:43 AM IST

Asian shares combined

Asian markets traded combined within the early offers on Tuesday:

Japan’s Topix index fell 0.5%.

Australia’s S&P/ASX 200 Index gained 0.4%.

South Korea’s Kospi index fell 0.3%.

Hong Kong’s Hold Seng Index dropped 0.1%.

SGX Nifty was little modified.






18 Aug 2020, 08:41:43 AM IST

US shares finish greater

Wall Avenue nudged a bit greater on Monday, and the S&P 500 teased even nearer to its report excessive.

The benchmark index rose 0.3% to three,381.99. Earlier within the day, it briefly crossed above its report closing degree of three,386.15, which was set on Feb. 19 earlier than the pandemic shut down companies worldwide and created the worst recession in a long time.

It’s the third time within the final 4 buying and selling days the index has risen above that report degree, solely to fade later within the day. Most different U.S. inventory indexes additionally made beneficial properties, whereas Treasury yields gave up a few of final week’s huge rise.

Shut

The post Market LIVE: Indian equities seen below stress; SGX Nifty flat appeared first on NorJoe.



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