The BSE Mid-cap Index is trading up 0.31% at 10,556, whereas BSE Small-cap Index is trading up 0.76% at 10,733.
At 9:20 AM, the S&P BSE Sensex is trading at 25,866 up 169 points, while NSE Nifty is trading at 7,839 up 53 points.
Asian markets are in the red. US stocks sank yet again on Tuesday with the blue chips registering their third biggest loss for the year, as investors turned jittery following downbeat economic data out of China. The S&P 500 index nosedived 58.33 points, or 3%, to end at 1,913, with all of its 10 sectors in the red. The Dow Jones Industrial Average lost 469.68 points, or 2.8%, to close at 16,058.35. All 30 of its components closed lower. The Nasdaq Composite index plunged 140.40 points, or 2.9%, to settle at 4,636.10.
Tuesday marked the third-biggest daily drop of the year for the S&P 500 and the Dow, while for the Nasdaq, it was the third worst percentage decline. Also, the Nasdaq fell into negative territory for the year following Tuesday’s sharp fall. The Shanghai stock market will be closed Thursday and Friday as China commemorates the 70th anniversary of the end of World War II
El Niño is now the strongest since 1997-98, according to the Australian Bureau of Meteorology. The temperature anomalies in the tropical Pacific Ocean remain a little more than half a degree below the peak observed during 1997-98, the bureau said in its update on Tuesday.
Ten central trade unions will on Wednesday go ahead with their one-day nationwide strike despite appeal from the Government for calling off the agitation. The nationwide strike is likely to affect the functioning of essential services like banking, transport and supply of power, gas and oil.
Maruti Suzuki, has launched the Ciaz hybrid at a starting price of Rs 8.23 lakh (Ex-showroom Delhi).
Tata Consultancy Services (TCS) announced the inauguration of a Japan-centric Delivery Center (JDC), located within TCS Sahyadri Park in Pune. The new center augments delivery capabilities of TCS’ 2,400 strong Japan-based workforce, established in July 2014 in joint venture with Mitsubishi Corporation as part of a strategic expansion in the Japan market.
ATF or jet fuel price was slashed by a steep 11.7%, while rates of non-subsidised cooking gas LPG were reduced by Rs 25.5 per cylinder.
The Non-subsidised domestic LPG rated was reduced by Rs. 25.5 per cylinder.The Non-subsidised cooking gas (LPG) price in Delhi has been reduced to Rs. 559.50 per cylinder as compared to Rs 585 previously.
No comments:
Post a Comment