Stock Market Live Updates: SGX Nifty signals a negative start; Asian shares trade mixed

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Asian shares wobble

Asian shares wobbled in cautious trading on Wednesday while the dollar sagged slightly as investors braced for the U.S. Federal Reserve’s policy outcome later in the global day with many looking for any signs of a slowdown in future rate hikes.

Quarterly earnings today

Adani Transmission, Procter & Gamble Hygiene, Dalmia Bharat, Mahindra & Mahindra Financial Services, Relaxo Footwears, Grindwell Norton, Kajaria Ceramics, EIH and Jindal Stainless are among companies that will announce their quarterly earnings today.

SGX Nifty signals a negative start

Nifty futures on the Singapore Exchange traded 23.5 points, or 0.13 per cent, lower at 18,231.50, signaling that Dalal Street was headed for a negative start on Wednesday.

Tech View: Nifty forms Doji candle on daily charts

Headline equity index Nifty formed a Doji sort of candle on the daily charts as it gave the highest closing of the last 195 trading sessions.

Tokyo stocks open lower ahead of Fed decision

Tokyo stocks opened lower on Wednesday, extending falls on Wall Street after mixed US economic data added to nervousness ahead of a major decision by the Federal Reserve. The benchmark Nikkei 225 index was down 0.36 percent, or 98.66 points, at 27,580.26 in early trade, while the broader Topix index was down 0.06 percent, or 1.11 points, at 1,937.39.

Wall Street slips as jobs data dents hopes for Fed rate deceleration

US stocks closed lower for a second straight session on Tuesday after data indicating that the labor market remained on solid ground dimmed hopes the Federal Reserve might have enough reason to begin reducing the size of its interest rate hikes.

Oil climbs on demand hopes after big drawdown in U.S. crude stocks

Oil prices rose in early trade on Wednesday after industry data showed a surprise drop in U.S. crude stockpiles, suggesting demand is holding up despite steep interest rate hikes dampening global growth. Brent crude futures picked up 17 cents, or 0.1%, to $94.82 a barrel at 0014 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 26 cents, or 0.3%, to $88.63 a barrel.

Rupee rebounds 22 paise to 82.59 against US dollar

The rupee appreciated 22 paise to close at 82.59 against the US dollar on Tuesday amid persistent foreign fund inflows and a weakening greenback overseas.

Sensex, Nifty on Tuesday

The 30-share Sensex ended 375 points higher at 61,121, while its broader peer Nifty 50 ended above the 18,100 level

Good morning, dear reader! Here’s something to kickstart your trading day

Good morning, dear reader! Here's something to kickstart your trading day

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