|
Major U.S. stock indexes closed lower on Wednesday, despite a brief bounce a day before that followed extreme volatility earlier in the week. U.S. stocks lost more steam Wednesday afternoon as bond yields rose and investors worried about potentially more pain to come from an unwinding of a popular "carry trade."
Asian equities fell Thursday, continuing a bout of volatile trading as investors digest signals from central banks on the path ahead for interest rates. The yen resumed its rally on Thursday, having dropped 1.6% against the dollar on Wednesday, when the Bank of Japan’s deputy governor said the central bank would not raise interest rates during periods of market volatility.
Coal India, GAIL sign JV to set up unit to convert coal into synthetic natural gas
Tata Curvv.ev SUV launched
Indian Railways intended to equip 10,000 locomotives with its Kavach automatic train protection system
On Thursday, investors in Asia will assess trade data from Japan and interest rate decision from the Reserve Bank of India. The Reserve Bank of India is expected to hold rates steady at 6.5% for a ninth straight meeting.
Nifty 50 reversed a three-day declining streak on August 07, while also recording the best intraday gains in eight sessions. The NSE Nifty Pharma scaled a fresh high of 22,008. At close, Nifty was up 1.27% or 304.9 points at 24297. An upward breach of 24383 could take the Nifty to 24686. 24051 could offer support in the near term.
Indian markets could open lower, in line with mostly lower Asian markets today and negative US markets on Aug 07 |
.png)
More
Religion & Spirituality
Education
Arts and Design
Health
Fashion & Beauty
Government & Organizations
Kids & family
Music
News & Politics
Science & Medicine
Society & Culture
Sports & Recreation
TV & Film
Technology
Philosophy
Storytelling
Horror and Paranomal
True Crime
Leisure
Travel
Fiction
Crypto
Marketing
History
Comedy
Arts
Games & Hobbies
Business
Motivation