Stock Market Updates Today :Global signals are looking very bad for the domestic stock market. Selling is being seen in major Asian markets in today’s trading. Earlier on Friday, the US markets also closed with a big decline due to fears of recession. On Friday, the Dow Jones Industrial fell by 611 points and closed at the level of 39737.26. The NASDAQ Composite fell by 418 points and closed at the level of 16776.16. While the S&P 500 index fell by about 11 points and closed at the level of 5346.56.
Talking about Asia, GIFT NIFTY is down by 1.16 percent while Nikkei 225 is down by 4.85 percent. Strait Times is down by 2.78 percent and Hang Seng is down by about 0.56 percent. Taiwan Weighted is down by 6.63 percent while Kospi is down by 5.63 percent. Shanghai Composite is down by 0.16 percent.
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Aug 05, 2024 09:03 IST
Brent crude near $77
Despite the increasing tension in the Middle East, there is not much increase in crude. In the international market, crude is trading with a slight increase at $ 77.10 per barrel. While WTI crude is at $ 73.81 per barrel.
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Aug 05, 2024 09:03 IST
FII and DII data
On Friday, July 2, 2024, foreign portfolio investors i.e. FIIs were again net sellers and they sold shares worth Rs 3310 crore in the Indian markets on Friday. Whereas domestic institutional investors i.e. DIIs were net buyers on Friday and they bought shares worth Rs 2965.9 crore.
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Aug 05, 2024 09:03 IST
Unemployment figures are bad
America’s 10-year bond yield has slipped below 4 percent. America’s unemployment figures are worse than expected, the unemployment rate in July was 4.3 percent. This is the highest unemployment rate in 3 years. The unemployment rate was 4.1 percent in June.
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Aug 05, 2024 09:02 IST
Heavy selling in Asian markets
Selling is being seen in major Asian markets in today’s trade. Talking about Asia, GIFT NIFTY is down by 1.16 percent while Nikkei 225 is down by 4.85 percent. Strait Times is down by 2.78 percent and Hang Seng is down by about 0.56 percent. Taiwan Weighted is down by 6.63 percent while Kospi is down by 5.63 percent. Shanghai Composite is down by 0.16 percent.
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Aug 05, 2024 09:02 IST
Dow Jones closed down by 611 points
On Friday, the US markets closed with a big decline due to fears of recession. On Friday, the Dow Jones Industrial fell by 611 points and closed at 39737.26. The NASDAQ Composite fell by 418 points and closed at 16776.16. While the S&P 500 index fell by about 11 points and closed at 5346.56.
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