Nifty’s opening indices ahead of Indian CPI: Dow, S&P Drop, Japan shares

Nifty’s opening indices ahead of Indian CPI: Dow, S&P Drop, Japan shares

By Malvika Gurung — The stock listed on the Singapore-based SGX Exchange, a leading indicator for , traded 0.34% or 62.5 points lower at 8:46 a.m. Friday, pointing to a weaker open on Dalal Street .

Also, the advanced 0.08% and rose 0.22%.

India is expected to release its data for April 2023 on Friday evening.

Major U.S. indexes ended mixed on Thursday amid Walt disney ‘s (NYSE:) plummets nearly 9% as the company lost 4 million subscribers in the March quarter, while PacWest Bancorp (NASDAQ:) Shares tumbled 22.7% after reporting a nearly 10% drop in deposits last week, reigniting concerns about the health of the US banking sector.

gained 0.18%, fell 0.66% and lost 0.17%.

Asian stocks mostly fell on Friday, while Japanese stocks outperformed after the US released its overnight session figure, hitting a 1.5-year high last week, while rising was slower than expected in April.

As of 8:48 a.m., South Korea was down 0.58%, Japan was down 0.8%, Hong Kong was down 0.32%, China was down 0.43% and Australia by 0.19%.

Oil prices fell on Friday as disappointing economic signals from China and worries about a possible recession in the United States cast doubts on crude demand this year, wiping out gains this week.

fell 0.3% to $74.7 a barrel and fell to $70.77 a barrel. fell by 0.78%.


Leave a Reply

Your email address will not be published. Required fields are marked *