Diabytes
Asian markets News
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Indian stock market opens in positive note on Friday.
Axis Bank stocks surge by 6%.
Most of the Asian-Pacific markets too opened in the red.
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Major gainers on the Nifty were BPCL, Britannia Industries, ONGC and Gail, while IndusInd Bank, Eicher Motors, Cipla, and Zee Entertainment were top losers. All the sectoral indices ended in the green led by energy followed by FMCG, metal, IT and pharma
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Equity indices reversed early losses on Tuesday morning after shares in Wall Street plunged to their biggest day drop in more than three decades overnight.
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MSCI`s broadest index of Asia-Pacific shares outside Japan stumbled 0.7% to be on track for its second straight day of loss.
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China`s offshore yuan extended strong gains to the dollar on Tuesday morning to a 5-1/2-month high, supported by rising optimism towards Sino-U.S. trade developments. The offshore yuan surged to a high of 6.8745 per dollar, the firmest level since July 26.
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MSCI`s broadest index of Asia-Pacific shares outside Japan was 1% lower shortly after China`s share markets began trading, with China`s blue-chip CSI300 index down 0.56%. Japan`s Nikkei tumbled 2.2% and Australian shares fell more than 1%.
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Asian shares snoozed near 18-month highs on Friday as trade thinned in the run-up to Christmas and investors seemed content to digest the chunky gains already made so far this month. MSCI`s broadest index of Asia-Pacific shares outside Japan was a fraction firmer in early trade, having gained 1.2% for the week so far and almost 5% for the month.
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Japan`s Nikkei dipped 0.1% and away from its 2019 top, while Korean shares edged up 0.1% to an eight-month peak. E-Mini futures for the S&P 500 were little changed. Upbeat economic news had helped the S&P 500 reach a record for the fourth straight session, building on its 27% gain this year.
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The S&P BSE Sensex ended at 33,747, down 300 points while the broader Nifty50 index settled at 10,359, down 99 points.
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The domestic indices ended 1 percent higher on Friday taking cues from the global markets.
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The Sensex after resuming lower at 33,817.09 fell further to hit a low of 33,691.42 intra-day on foreign fund outflows.
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As global rout in equities battered Asian markets, while lingering concerns over inflation at home also weighed.
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The BSE flagship index Sensex jumped over 330 points, or 0.97%, to close at 34,413.16.
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The 50-share NSE Nifty also dropped 33.60 points, or 0.32 percent to 10,418.90.
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Stock markets came off their peak and turned weak early Monday on emergence of profit-booking after recent rally amid mixed Asian cues.
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The Sensex opened strong and shuttled between 29,453.06 and 29,341.68, before ending at 29,422.39, a gain of 85.82 points, or 0.29 percent.
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Buoyed by forecast of a normal monsoon and shrugging off weak trend in global markets, the benchmark BSE Sensex rose over 54 points in opening trade today after investors took to select stock-picking.
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Asian shares climbed to their highest in more than 18 months on Thursday, as investors grew more confident about the world`s second-largest economy while the dollar slightly firmed in the wake of growing concerns over political instability in Europe.
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The benchmark BSE Sensex jumped 241 points on Wednesday following widespread gains as investors widened their bets amid a firming trend in global markets.
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