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SGX Nifty signals a positive start
Nifty futures on the Singapore Exchange traded 49.5 points, or 0.28 per cent, higher at 17,746.50, signaling that Dalal Street was headed for a negative start on Thursday.
Quarterly earnings today
Websol Energy System, Consolidated Construction Consortium and Crazy Infra & Infomedia are among companies that will announce their quarterly earnings today.
Tech View: Nifty50 may stay rangebound; 17,350 to offer support
Nifty50 on Wednesday rose for the second straight session and formed a small bullish candle on the daily chart. Analysts said the 50-pack index might trade range bound with a positive bias as long as it trades above the 17,350 level. A fall below this level may attract selling pressure, they said.
Oil prices rise on possible OPEC supply cuts
Oil prices rose in early Asian trade on Wednesday after Saudi Arabia suggested the Organization of the Petroleum Exporting Countries could consider cutting output, though bearish economic signals from central bankers and falling equities weighed.
Tokyo shares open higher after US gains
Tokyo stocks opened higher Thursday, tracking overnight US gains ahead of a meeting of global central bankers that may offer clues about the future pace of interest rate hikes. The benchmark Nikkei 225 index added 0.21 percent, or 58.92 points, at 28,372.39 while the broader Topix index rose 0.18 percent, or 3.57 points, to 1,970.75.
Wall Street ends higher, with all eyes on Jackson Hole
Wall Street ended higher on Wednesday, lifted by gains in energy stocks and Intuit while investors awaited the U.S. Federal Reserve’s Jackson Hole conference this week.
Rupee slips 3 paise to 79.86 against US dollar
The rupee consolidated in a narrow range and depreciated 3 paise to close at 79.86 against the US dollar on Wednesday. At the interbank foreign exchange market, the domestic currency opened at 79.84 per dollar. It hovered in a range of 79.68 to 79.87 during the session.
Sensex, Nifty on Wednesday
The 30-share pack Sensex rose 54.13 points but managed to end the session above the 59,000 mark. Its broader peer, Nifty50, advanced 27.45 points to top 17,600 level.