Stock Market LIVE Updates: The Nifty futures were trading flat around 19,992.50 level on the Singaporean Exchange at 8:00 IST. US markets ended lower, while Asian markets are trading firm.
The BSE midcap index declined 0.4 percent and the smallcap index fell 0.8 percent
According to Geojit , Weakness was witnessed in NCDEX spices complex on Monday with coriander shedding more than three per cent.
ICICI Direct, The pound moved higher on Monday, after BoE Governor Andrew Bailey sounded hawkish.
The BSE midcap index declined 0.4 percent and the smallcap index fell 0.8 percent.
Brent crude futures fell 2 cents to $78.10 a barrel at 0018 GMT. West Texas Intermediate U.S. crude gained 8 cents, or 0.1%, to $72.89.
At the interbank foreign exchange market, the local unit opened at 82.36 against the American currency and finally settled at 82.37 (provisional) against the greenback, registering a gain of 3 paise over its previous close of 82.40.During the trading session, the rupee touched a high of 82.27 and a low of 82.42 against the dollar.
Grasim Industries, Reliance Industries, Cipla, Sun Pharma and SBI were among the top Nifty gainers, while losers were Adani Ports, Power Grid Corp, SBI Life Insurance, M&M and Tata Motors
Copper trades at 3-week highs. Copper price to surge to record high this year, Trafigura forecasts. Watch Commodities with Manisha Gupta only on Moneycontrol.
According to Geojit , Mixed moves continued in NCDEX spices complex. On Friday, jeera futures ended marginally up on firm demand and concerns over crop quality after unseasonal rains in Gujarat.
ICICI Direct, The Euro slid the most on Friday after European banking concerns diminished the bullish bets on the Euro.
India's market capitalization currently stands at $2.99 trillion, a level last seen on 23 June 2022. It is currently ranked sixth among the top 10 most valued countries.
Citigroup Inc. slashed its forecast even further to 1.4% of GDP from 2.2% previously, reflecting a steady drop in goods imports and strength in services exports.
Among sectors, auto, capital goods, power and realty down 0.5-2 percent, while pharma index up 1 percent.
The percentage of companies which see the “uncertainty of bilateral relations” as their leading challenge in China has risen to 66 percent. At the same time, the number of companies which think that China has become less welcoming to foreign companies has grown to 49 percent, the survey found.
Recent data on the global economy, inflation and impending recession supports Warren Buffett's eternal words of investing wisdom.
While the recent withdrawals from banks in the United States may have caused concern, experts agree that they do not indicate a larger problem in the banking system
Risk off has returned with fresh concerns about Deutsche Bank. Also, the US probe on whether financial professionals at UBS and Credit Suisse helped Russian oligarchs circumvent sanctions will add to the uncertainty and keep investor confidence fragile
At the interbank foreign exchange market, the local unit opened lower by 12 paise at 82.32 as the US dollar rebounded against global currencies.
Bajaj Finserv, Bajaj Finance, Adani Enterprises, Tata Steel and Hindalco Industries were among the biggest Nifty losers. Cipla, Kotak Mahindra Bank, Dr Reddy's Laboratories, Infosys and Apollo Hospitals gained the most
Respondents cited US shadow banking, US corporate debt, or real estate in developed markets as the most likely causes of any crash.
Impact on Gold : MF Investment to with less than 35% equity investment to be deemed to be STCG. This will apply to investments made after 1st April 2023. Catch the latest in commodities with Manisha Gupta.
The SEC's warning is a reminder that investing in cryptocurrencies is a high-risk venture, and investors should exercise caution when considering investing in these assets.
According to Geojit , Jeera and coriander futures ended down on Thursday, while turmeric futures rose on NCDEX. Profit booking was witnessed in jeera futures after the recent rise.
All the sectoral indices ended in the red with PSU Bank, Metal, Realty down 2 percent each, while Capital Goods, Oil & Gas down 1 percent each.