Kospi

Avatar




Bharat Express News Network


The Nifty Bank fell 92 points to close at 39,909, with six stocks closing in the red and six closing in the green.

Stock Market close: Selling pressure was seen in the market on the first day of the trading week, selling was seen in banking, pharma, energy stocks

Stock market closed: Sensex fell 124 points to close at 60,683. 12 stocks were bought while 18 were sold, the metal index down 1.82%

Stock market closed: RBI has announced an increase in repo rate by 25 bps, ADANI ENTERPRISES closed up by 23%

Asian share market rose on Tuesday after China said it would drop its quarantine requirements for inbound visitors, further easing three-year border controls aimed at curbing COVID-19. Brent Futures rose 0.73% to $85.12/barrel and WTI Futures gained to $80.21/barrel. Natural Gas Futures jumped 3%.

The markets are getting spooked by rising COVID cases and increasing number of deaths in China, which might push its economy further on the backfoot.

Oil prices rose on Friday on expectations of lower Russian crude exports from the Baltic region in December, offsetting worries that a looming Arctic storm across the United States could snuff out transport fuel demand growth this holiday season. Brent crude rose 88 cents, or 1.1%, to $81.86 a barrel. While U.S. West Texas Intermediate crude was at $78.41 a barrel, up 92 cents, or 1.2% higher.