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Quarterly earnings today
Chennai Petroleum Corporation, Moschip Technologies, Nandani Creation and Nutricircle are among companies that will announce their quarterly earnings today.
SGX Nifty signals a negative start
Nifty futures on the Singapore Exchange traded 33.5 points, or 0.19 per cent, lower at 17,859, signaling that Dalal Street was headed for a negative start on Tuesday.
Tech View: Nifty trading above 8 out of 8 SMAs
Nifty ended above 8 out of 8 SMAs and was trading above 5 out of 9 oscillators. The day MACD signal was above its center and signal line, which is a bullish indicator.
Tokyo stocks open higher with eyes on earnings
Tokyo stocks opened higher on Tuesday, extending US rallies, with investors gradually shifting focus to the start of Japan’s corporate earnings season. The benchmark Nikkei 225 index was up 0.45 percent, or 121.19 points, at 27,096.19 in early trade, while the broader Topix index was up 0.49 percent, or 9.25 points, at 1,896.44.
Wall Street closes sharply higher on hopes of abating Fed
US stocks advanced on Monday, extending last week’s gains as signs of economic softness suggested the effects of the Fed’s aggressive policy aimed at cooling the economy, thereby curbing decades-high inflation, are beginning to take root.
Oil prices edge higher as US dollar eases
Oil prices edged higher on Tuesday, reversing some of the previous session’s losses, as the U.S. dollar eased, while weaker U.S. business activity data lowered expectations for more aggressive interest rate hikes in the world’s biggest economy.
Rupee slips 9 paise to close at 82.88 against US dollar
The rupee slipped 9 paise to close at 82.88 against the US dollar on Friday amid a strong greenback overseas.
Sensex, Nifty on Monday
Nifty50 crossed 17,700-mark, ending 0.9% higher at 17,738 points. Its BSE counterpart Sensex topped 59,900 and tested a high of 59,994.25, before ending 0.9% higher at 59,832 points.
Good morning, dear reader! Here’s something to kickstart your trading day