Share Market LIVE: Sensex, Nifty stare at gap-down start amid weak global cues; Zomato, HDFC Bank in focus
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Benchmark indices BSE Sensex and NSE Nifty are likely to open lower amid weak global cues. Ahead of today’s Session, SGX Nifty tanked 137 points. Nifty futures were trading 0.76 per cent, lower at 17,883.50 on the Singapore Exchange, signaling that Dalal Street was headed for a negative start. Asian share markets slipped as investors feared the possibility of aggressive monetary tightening by the US Federal Reserve to fight inflation. Japan’s Nikkei 225 shed 1.5%, while South Korea’s Kospi fell 0.8%. Markets in mainland China were set to reopen after two days of public holidays. Meanwhile over in the US, all three maot indices closed lower and bond yields jumped as remarks by a hawkish Fed fueled expectations that the central bank is prepared to more aggressively raise interest rates. The S&P 500 fell 1.3% after shedding a modest early gain. The Dow Jones Industrial Average fell 0.8% and the Nasdaq slid 2.3%.
Check the source here –Source, Financial Express.