[ad_1]
US stocks plummeted after earnings disappointed and business worries worsened.
Benchmarks opened Friday in the green before a motion of censure against the government of Prime Minister Narendra Modi. . The Sense Sense SSE S & P index opened at 36,377.03 while the broader Nifty50 benchmark index of the NSE index started at 10,963.50. In the first minutes of the deal, the Sensex traded at 36,413.69, up 62.46 points or 0.17 percent while the Nifty50 was at 10,963.75, gaining 6.65 points or 0.06 points. percent.
The experts, however, said that the real problem for the markets was not the vote without trust, but the rupiah bruised.
"The government should easily cross this vote … The currency could be a problem Yesterday, it closed at a low of 69.05." The Chinese devaluation of the yuan could further aggravate the problems of the rupee, "said VK Sharma, Director of the Private Client Group and Capital Market Strategy at HDFC Securities
Foreign investors sold net shares worth 315.69 crore, bought shares of net worth Rs 470.02 crore Thursday, according to preliminary data from the National Stock Exchange (NSE) .The Sensex closed at 36,351.23 and the Nifty50 at 10,957.
Most Asian stock markets fell back after China's currency has fallen further, fueling state worries, according to a Reuters news agency report. "The MSCI's broadest index of Asia-Pacific equities in the world." outside of Japan was unstable at the beginning of this, which pushed the morning gains by 0.1% at a given moment. It was up 0.08 percent.
In day-to-day trade, US stocks plummeted after profits disappointed and traders' fears skyrocketed. The Dow Jones Industrial Average lost 134.79 points, or 0.53%, to 25,064.5, the S & P 500 lost 11.13 points, or 0.40%, to 2,804.49 and the Nasdaq Composite lost 29.15 points, or 0.37%, to 7,825.30. (With Reuters entries)
[ad_2]
Source link
