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Economic Times | 22 Dec, 2022 | 08:38AM IST
Stock Market Live Updates: SGX Nifty signals a positive start; Asian shares trade higher
Watch this space as we bring you LIVE updates of the day's proceedings from Dalal Street.
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Oil rallies on tight U.S. stocks as winter blast hits
Oil prices rose for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks seen tight just as a chilly blast hits the United States and travel is set to soar for the holiday season.
Asia shares join Wall St bounce, yen keeps climbing
Asian stocks climbed into the black on Thursday after an upbeat reading on U.S. consumers cheered Wall Street investors, while the yen added to its recent massive gains as Japanese bond yields shifted into a new higher range.
SGX Nifty signals a positive start
Nifty futures on the Singapore Exchange traded 91 points, or 0.50 per cent, higher at 18,341, signaling that Dalal Street was headed for a positive start on Thursday.
Tech View: Nifty charts bearish engulfing pattern
Suggesting a rise in pessimism on Dalal Street, headline equity index Nifty formed a bearish engulfing pattern on the daily chart.
Tokyo stocks open higher extending US rallies
Tokyo stocks opened higher Thursday, tracking Wall Street rallies on strong data and earnings, as the yen steadied following a shock Bank of Japan monetary policy tweak.The benchmark Nikkei 225 index was up 0.71 percent, or 186.84 points, at 26,574.56 in early trade, while the broader Topix index was up 0.50 percent, or 9.52 points, at 1,902.84.
Weary Wall Street cheers improved consumer confidence
Wall Street's three main stock indexes closed higher on Wednesday for their biggest daily gains so far in December with help from upbeat Nike and FedEx quarterly earnings, as well as improving consumer confidence and easing inflation expectations from investors.
Rupee declines by 14 paise to 82.84 against dollar
The rupee declined 14 paise to settle at 82.84 against the US dollar on Wednesday as a massive sell-off in domestic equities and risk aversion in global markets dented investor sentiment.
Sensex, Nifty on Wednesday
The 30-share Sensex crashed 635 points to end at 61,067, while its broader peer Nifty 50 ended below 18,200 level.
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