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Oil prices rise on Druzhba oil pipeline disruption
Oil prices rose after news that oil supply to Hungary via the Druzhba oil pipeline has been temporarily suspended due to a fall in pressure.
SGX Nifty signals a negative start
Nifty futures on the Singapore Exchange traded 84 points, or 0.45 per cent, lower at 18,410.50, signaling that Dalal Street was headed for a negative start on Wednesday.
Tech View: Nifty charts signal buying interest
Headline index Nifty, which made a record closing high today, formed a bullish candle on the daily chart with a lower shadow. Analysts said this pattern indicates an emergence of buying interest in the market after a couple of days of the choppy movement.
Tokyo stocks down after muted US gains
Tokyo stocks fell on Wednesday after rallies on Wall Street were curbed by geopolitical risks linked to the war in Ukraine. The benchmark Nikkei 225 index was down 0.69 percent, or 194.32 points, at 27,795.85 in morning trade, while the broader Topix index lost 0.64 percent, or 12.65 points, to 1,951.57.
Wall Street gains on inflation data, but rocky on geopolitics
Wall Street’s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.
Rupee gains 37 paise to close at 80.91 against US dollar
The rupee appreciated by 37 paise to close at 80.91 against the US dollar on Tuesday, on encouraging inflation data and weak American currency.
Sensex, Nifty on Tuesday
The 30-share Sensex ended 249 points higher at 61,873, while its broader peer Nifty 50 ended at the 18,400 level.
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