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Stock Market Live Updates: Asian stocks open mixed as US markets hit fresh highs (22-03-2024)
Sensex, Nifty, Share Prices LIVE: Equities in Asia traded mixed Friday in a sign investors are rethinking the optimism that propelled the region’s shares higher in the prior session, as fresh signs of persistent inflation appeared in the US. Shares in Australia were little changed while Japanese stocks nudged higher. Futures contracts for Hong Kong equities declined. The moves followed Thursday’s sharp rally for a gauge of the region’s shares, which touched the highest level in almost two years. Contracts for US stocks rose in early Asian trading after the S&P 500 index rose 0.3% to a fresh high Thursday — its 20th of the year — led by gains in industrials and banks. Reddit Inc. shares soared 48% on their debut. Other tech stocks faltered, with Apple Inc. and Alphabet Inc. falling against the backdrop of heightened regulatory pressure.
Indian importers favouring low-cost crude oil from Russia over the US: US EIA (21-03-2024)
Average annual crude oil imports from Russia doubled from 0.9 mb/d in 2022 to 1.8 mb/d in 2023
Rupee rises 6 paise to close at 83.13 against US dollar (21-03-2024)
At the interbank foreign exchange market, the local unit opened at 83.07 against the greenback. The unit hit an intra-day high of 83.04 and a low of 83.16
Blue Dart Express to launch unified shipping API software solution for MSMEs and large enterprises (21-03-2024)
Blue Dart stock rose 1.40 per cent on the NSE to trade at ₹5,695.45 as of 1 pm on Thursday.
SBI Card and Titan launch Titan SBI Card (21-03-2024)
The cardholders can avail benefits worth over ₹2,00,000 per annum
G-Sec yields thaw, tracking soft US Treasury yields (21-03-2024)
Yield of the benchmark 10-year G-Sec has thawed about 2 basis points
Crude oil gains as US inventories dip 3% below 5-year average (21-03-2024)
US Fed keeps rates unchanged but hints at three rate cuts this year
Rupee rebounds 14 paise to 83.05 against dollar as US Fed indicates 3 rate cuts (21-03-2024)
The US dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.20 per cent lower at 103.22
Gold sprints to record high as Fed sticks to 2024 rate-cut view (21-03-2024)
Gold hits all-time high of $2,222.39/oz