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The S&P BSE Sensex is trading at 25,108 down 154
points, while NSE Nifty is trading at 7,697 down 38 points.
The
Indian rupee opened lower by 3 paise at sixty six.57/$ against US greenback on
Fri as against the previous shut of sixty six.54/$. The rupee ended marginally
higher against the greenback; but the draw back in the domestic currency was
restricted. Short covering in US greenback against the basket of currencies is
resulting in heap of volatility within the currency markets. Markets are
currently trying forward to US non‐farm payrolls for Apr, wherein expectations
ar job for AN addition of 203,000 jobs. The number is predicted nowadays. In
related news, US idle claims throughout last week rose additional than the
expectations. The reading increased to 274,000, a rise of 17,000 when compared
with the previous week.
Wockhardt, Siemens, KEC International and Equitas results will be focused . Asian markets are down. Commodity stocks ar lower. Metals will once more get affected once more. Japan's benchmark Nikkei is down while South Korea's Kospi is flat. China's Shanghai is down and Taiwan's TWSE has lost half a %. West Texas Intermediate crude oil, was up 2.8% at $45.02 a barrel following a devastating wildfire in Canada. Among Indian ADRs, Tata Motors, HDFC Bank and ICICI Bank advanced. US blue chip stock indices complete nearly flat on Th whereas the technology shares edged lower, as investors braced for Friday's monthly jobs data for Apr. Weak economic data, disappointing earnings and a sturdy greenback conjointly crumpled investors' risk craving. The Dow Jones Industrial Average rose by 9 points, S&P 500 index slipped less than zero.1% and information system closed nine points lower. Data showed that the range of usa citizens WHO applied for state edges at the top of Apr rose to a five-week high, missing economists’ expectations. Separately, Federal Reserve officials maintained a rather additional hawkish tone.
San Francisco Fed President John Williams said that 2-3 rate will increase this year is cheap, but the US central bank can still watch economic knowledge. St. Louis Fed President James Bullard same that weak economic growth caused him to moderate his support for a rate hike at the Fed’s Apr meeting. He stressed that all options ar on the table for the Fed's June meeting.
However, Atlanta Fed President Dennis Lockhart said that he was on the fence regarding rate hikes at the Fed’s next meeting in June.
Tesla shares fell by 5% despite the truth that the electric-car maker denote a narrower-than-expected first-quarter adjusted loss and sales that were in line with Wall Street’s forecasts late on Wed.
Wockhardt, Siemens, KEC International and Equitas results will be focused . Asian markets are down. Commodity stocks ar lower. Metals will once more get affected once more. Japan's benchmark Nikkei is down while South Korea's Kospi is flat. China's Shanghai is down and Taiwan's TWSE has lost half a %. West Texas Intermediate crude oil, was up 2.8% at $45.02 a barrel following a devastating wildfire in Canada. Among Indian ADRs, Tata Motors, HDFC Bank and ICICI Bank advanced. US blue chip stock indices complete nearly flat on Th whereas the technology shares edged lower, as investors braced for Friday's monthly jobs data for Apr. Weak economic data, disappointing earnings and a sturdy greenback conjointly crumpled investors' risk craving. The Dow Jones Industrial Average rose by 9 points, S&P 500 index slipped less than zero.1% and information system closed nine points lower. Data showed that the range of usa citizens WHO applied for state edges at the top of Apr rose to a five-week high, missing economists’ expectations. Separately, Federal Reserve officials maintained a rather additional hawkish tone.
San Francisco Fed President John Williams said that 2-3 rate will increase this year is cheap, but the US central bank can still watch economic knowledge. St. Louis Fed President James Bullard same that weak economic growth caused him to moderate his support for a rate hike at the Fed’s Apr meeting. He stressed that all options ar on the table for the Fed's June meeting.
However, Atlanta Fed President Dennis Lockhart said that he was on the fence regarding rate hikes at the Fed’s next meeting in June.
Tesla shares fell by 5% despite the truth that the electric-car maker denote a narrower-than-expected first-quarter adjusted loss and sales that were in line with Wall Street’s forecasts late on Wed.
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