Closing Bell: COVID Situation And Negative Global Cues Stomp The Share Market Down
The markets are getting spooked by rising COVID cases and increasing number of deaths in China, which might push its economy further on the backfoot.
SGX Nifty Signals A Negative Start
Oil prices rose on Friday on expectations of lower Russian crude exports from the Baltic region in December, offsetting worries that a looming Arctic storm across the United States could snuff out transport fuel demand growth this holiday season. Brent crude rose 88 cents, or 1.1%, to $81.86 a barrel. While U.S. West Texas Intermediate crude was at $78.41 a barrel, up 92 cents, or 1.2% higher.
SGX Nifty Signals A Positive Start
Oil prices rose for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks seen tight just as a chilly blast hits the United States and travel is set to soar for the holiday season. Brent gained 34 cents to $82.54 a barrel, while U.S. crude rose 44 cents to $78.73 per barrel.
Share Market Opens In Green
Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 66 points on Wednesday, supported by positive cues from the Wall Street and Asian markets.
Share Market: Sensex, Nifty Crash
Share Market: BSE Sensex is trading around 61,200 levels, around 2,400 points lower from its life-time high of 63,583 mark. 50-stock index Nifty is also down near 1 per cent today. Nifty today opened lower and went on to hit intraday low of 18,210, which is around 680 points lower from its life-time high of …
