!1 New UpdateClick here for latest updates
SGX Nifty signals gap-up start
Nifty futures on the Singapore Exchange traded 229 points, or 1.58 per cent, higher at 14,753.50 in signs that Dalal Street was headed for a gap-up start on Monday.
Tech View: Nifty forms Island Reversal
Nifty50 tumbled over 550 points on Friday and formed an Island Reversal pattern on the daily chart. On the weekly scale, it formed a bearish candle, along with a lower high lower low formation. The candle patterns suggest a bearish bias for the market.
Search, Select & Invest in Top Stocks
US House Passes $1.9 trillion Covid Relief Plan
US House of Representatives passed a $1.9 trillion coronavirus relief package early Saturday. Democrats who control the chamber approved the sweeping measure by a mostly party-line vote of 219 to 212 and sent it to the Senate, where Democrats planned a legislative manoeuvre to allow them to pass it without the support of Republicans.
Oil prices climb after progress on huge US stimulus bill
Oil prices rose more than $1 on Monday on optimism in the global economy thanks to progress in a huge US stimulus package and on hopes for improving oil demand as vaccines are rolled out. Brent crude futures for May rose $1.07, or 1.7 per cent, to $65.49 per barrel. The April contract expired on Friday.
Asian stocks bounce as bond market calms
Asian shares firmed on Monday as some semblance of calm returned to bond markets after last week’s wild ride, while progress in the huge US stimulus package underpinned optimism about the global economy. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent, after shedding 3.7 per cent last Friday. Japan’s Nikkei rallied 2 per cent. Hong Kong’s Hang Seng gained 0.87 per cent to 29,232.35.
Discover & screen trade opportunities
US stocks settled lower on Friday
On Friday, the S&P 500 fell 18.19 points, or 0.5 per cent, to 3,811.15. The Dow Jones Industrial Average fell 469.64 points, or 1.5 per cent, to 30,932.37. Technology stocks recovered slightly following several days of heavy selling, but the Nasdaq still posted its biggest weekly loss since October.The Nasdaq rose 72.91 points, or 0.6 per cent, to 13,192.34.
Rupee logs worst day in 19 months, dives 104 paise
The Indian rupee on Friday posted its biggest single-day fall in nearly 19 months, tumbling 104 paise to close at 73.47 against the US dollar as a rout in global bond markets weighed on investor sentiments. Besides, rising geopolitical tensions between the US and Syria also led to weaker appetite among investors in domestic forex markets, analysts said
Sensex, Nifty on Friday
The BSE Sensex crashed about 1,940 points to post its biggest single-day fall in nearly 10 months and the NSE Nifty plunged over 568 points to crack below the psychological 15,000-mark on Friday, tracking global selloffs triggered by a panic in bond markets overseas. At the day’s close, the 30-share BSE Sensex settled 1,939.32 points…
Go to the news source: sensex today: SGX Nifty surges 230 pts, hints at gap-up start for domestic stock…