Global action at this hour – Here are top 5 global cues to watch, ahead of market opening

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a subdued start on Friday as Asian markets traded on a lower note in early trade hours. 

Previously, on Thursday, the NSE Nifty 50 closed 360 points or 1.49% lower to settle at 23,914, while the BSE Sensex rose 1,190 points or 1.48% to finish at 79,043.

Key global cues to know on November 29, 2024

Asian Markets

Asia-Pacific markets were trading on a lower note as investors assessed November’s inflation numbers in Japan and industrial production figures from South Korea. The headline inflation stood at 2.6%, higher than the 1.8% reported last month. Japan’s Nikkei 225 was down 0.66% at 38,099.78. The Korean index Kospi was down 1.70% at 2,462. Similarly, the Asia Dow was trading 0.40% lower at 3,694.48. The benchmark Chinese index, Shanghai Composite was trading flat at 3,295.

Wall Street

The US markets were not trading on November 28 on account of the Thanksgiving holiday. Also, it will close early on November 29. 

US indices closed on a lower note on Wednesday ahead of Thanksgiving day. The 30-stock Dow Jones slipped 138 points or 0.31% to close at 44,722. The S&P 500 fell 0.38% to finish at 5,999. The technology-heavy Nasdaq Composite rose 0.6% to close the session at 19,060. 

US Dollar 

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, slipped 0.26% to 105.90 on Friday morning. The index measures the US dollar’s strength or weakness against major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. Also, the Indian rupee depreciated to 84.49 against the US Dollar on Friday.

Crude Oil

WTI crude prices were trading at $68.90 down by 0.04%, while Brent crude prices were trading at $72.59 down by 0.63%, on Friday morning. 

FII, DII Data

Foreign institutional investors (FII) turned to be the net sellers of shares net worth Rs 11,756.25 crore. Meanwhile, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 8,718.30 crore on November 28, 2024, according to the provisional data available on the NSE.

 » Read More

Related Articles

Stock Market Live Updates: Sensex, Nifty set to open higher on positive cues

Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the

How will markets open today? Fed meeting, Trump tariffs & 7 more cues to watch

After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will

Stocks To Watch: From IndusInd Bank to Infosys- Here’s a list of 11 stocks in news today

After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Stock Market Live Updates: Sensex, Nifty set to open higher on positive cues

Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the

How will markets open today? Fed meeting, Trump tariffs & 7 more cues to watch

After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will

Stocks To Watch: From IndusInd Bank to Infosys- Here’s a list of 11 stocks in news today

After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading

Market Outlook: Nifty at inflection point; defence stocks headed higher?

By Anand James One point at the start of last week was how strong an offensive could the bears launch. At that point, we were just coming off a sub 25 RSI level, which had historically favoured a bounce back. But such moves also held a strong chance of fizzling out quickly. This is why

Rapido plans to undercut Swiggy, Zomato duopoly

Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share. The move comes at a time when restaurants have been voicing growing concerns over high commission rates and potential conflicts of interest following