6/7/2023 0 Comments Sgx nifty live moneycontrol![]() In Japan, the Nikkei 225 rose 0.15 percent to close at 28,457.68 and the Topix climbed 0.43 percent to end the day at 2,032.51, while Australia’s S&P/ASX 200 was down 0.32 percent to finish at 7,292.7. DAX gained 0.03 percent to close at 15,800 points. The banking sector gained 1.1 percent, after Deutsche Bank and Barclays profits beat expectations. FTSE lost 0.27 percent to close at 7831. The benchmark Stoxx 600 index closed 0.2 percent higher. It was the best day since January for the Dow and S&P 500 and March for the Nasdaq. The Nasdaq Composite jumped 2.43 percent to finish at 12,142.24, while the S&P 500 climbed 1.96 percent to end at 4,135.35. The Dow Jones Industrial Average advanced 524.29 points, or 1.57 percent, to close at 33,826.16 in previous close. Futures linked to the Dow Jones Industrial Average advanced by 27 points, or 0.08 percent. Nasdaq 100 futures gained 0.5 percent, while S&P 500 futures added 0.2 percent. US stock futures ticked higher on Thursday night. Trade setup for Friday: Top 15 things to know before the opening bell SGX Nifty indicates a positive start for the broader index with a gain of 140 points after the Nifty closed 101 points higher at 17,915 on Thursday. We have collated a list of important headlines across news platforms which could impact Indian as well as international markets: Stay tuned to Moneycontrol to find out what happens in the currency and equity markets today. If the index advances, 17,933 is the initial key resistance level to watch out for, followed by 17,964 and 18,015. Pivot charts indicate that the Nifty may get support at 17,830, followed by 17,799 and 17,748. The Nifty 50 traded comfortably higher than its 200-day moving average of 17,414 and is expected to build on the recent momentum. The BSE Sensex gained 348 points to close at 60,649 in the previous session, while the Nifty 50 closed 101 points higher at 17,915. SGX futures touched a high of 18,059 in early trade today after opening at 18,040. As expected, financials have benefited from the recent change in FII investment strategy.The market is likely to open marginally higher today as the SGX Nifty indicates a positive start for the broader index with a gain of 140 points after settling the session at 17,915. The market will be keenly watching the Fed commentary for near-term triggers.įII selling, which has been a major drag on the market since October 2021, is unlikely to impact the market in the near-term since FIIs have turned buyers recently. The Fed's rate announcement on 27th July is not likely to impact the market much since a 75 bp rate hike is already known and discounted by the market. Infosys's numbers reflect the industry concerns of pressure on margins but Infy's higher revenue growth guidance of 14-16 percent indicate the management's confidence regarding the business prospects. The steller Q1 numbers, increasing credit growth and improving asset quality augur well for the ICICI Bank stock. ICICI Bank's results are the best in the banking segment. RIL's results, though impressive on the telecom and retail front, fell slightly below expectations in the refining space. ![]() Market action this week will be in response to the results declared after market closure last Friday and in anticipation of the major results expected this week.
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