May 19, 2024

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MARKET LIVE: Trends on SGX Nifty suggest a tepid start for Sensex, Nifty

Stocks and oil fell whilst risk-free-haven gold rose on Monday as the dying toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity, Reuters reported.

On Friday, the S&P BSE Sensex currently slipped 164 points or .four for each cent to settle at 41,142, whilst the broader Nifty50 index finished at 12,086, down 51.55 points or .42 for each cent. 

GAIL, Indiabulls Realty, MRF, and Nalco are between the 230 providers that are scheduled to report their December quarter figures currently.

MSCI’s broadest index of Asia-Pacific shares exterior Japan tumbled .7 for each cent. Japan’s Nikkei fell .eight for each cent, whilst South Korea’s KOSPI was off 1.four for each cent. Australian shares eased .five for each cent.

In the early trade, SGX Nifty was at 12,065 amount, down 19 points or .16 for each cent, indicating a muted start  for the indices.

On Wall Avenue, the Dow Jones fell .9 for each cent, the S&P five hundred declined .five for each cent, whilst the Nasdaq dropped .five for each cent for the duration of the overnight trade on Friday.

(With inputs from Reuters)