Sensex Falls Over 100 Points As Asian Shares Retreat
MUMBAI: The Sensex is trading at 23,656.47, down 132.32 points, or 0.56pct lower while the Nifty loses 44.20 points, or 0.61 pct, to 7,190.35.
9:40am: Indian equity-index futures fluctuated before the start of the budget session of parliament on Tuesday. The 30-share S&P BSE Sensex is trading at 23,656.47, down 132.32 points, or 0.56 pct lower while the Nifty 50 of the National Stock Exchange (NSE) loses 44.20 points, or 0.61 pct, to 7,190.35.
9:30am: The Indian rupee on Tuesday was trading little changed at 68.60 against the U.S. dollar, up 0.01 pct, from its previous close of 68.61, tracking the mixed trend in the Asian currencies market.
9:25am: The yield on India’s 10-year benchmark bond was trading at 7.781 pct against Monday’s close of 7.773 pct.
9:20am: MSCI’s broadest index of Asia-Pacific shares outside Japan falls 0.2 pct, after earlier rising 0.4 pct to its highest level since 8 January. Japan’s Nikkei pares morning gains to trade up 0.1 pct. Australia’s S&P/ASX 200 Index slids 0.3 pct, the Shanghai Composite Index lost 0.5 pct and the Kospi index fell 0.3 pct in Seoul.
9:15am: Both U.S. crude futures and the international benchmark Brent retreats 1.4 pct on Tuesday.
9:10am: As shares retreated, the dollar gives up its earlier gains against the yen. It slumps 0.6 pct to ¥112.205, after opening at 112.87.
9:00am: Asian shares retreat from a seven-week high on Tuesday as the oil price rally that boosted global equity markets reversed, while the euro and sterling were hit by uncertainty over Britain’s membership in the European Union.
8:50am: The Dow Jones industrial average rose 228.67 points, or 1.4 pct, to 16,620.66. The Standard and Poor’s 500 index jumped 27.72 points, or 1.5 pct, to 1,945.50. The Nasdaq composite index gained 66.18 points, or 1.5 pct, to 4,570.61.
Read More: Rupee Recovers by 13 Paise against Dollar in Early Trade
