Stock Trading Tips- Share market updates: Sensex, Nifty likely to open in red tracking negative global cues
Weak cues from both the global stocks and commodities markets are likely to prompt a negative start for the Sensex and Nifty on Wednesday. Banks and currency markets are shut today on account of Id-e-Milad.
Share Market LIVE Today: Weak cues from both the global stocks and commodities markets are likely to prompt a negative start for the Sensex and Nifty on Wednesday. SGX Nifty futures were trading over 100 points lower on the Singapore Exchange, indicating a negative start for the NSE Nifty 50. Bank of Baroda, HDFC Bank, Reliance Industries, DHFL, Dr. Reddy’s laboratories, Yes Bank, NTPC are among major stocks to trade today.
Banks and currency markets are shut today on account of Id-e-Milad.
Asian stocks slid on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares and crude oil prices tumbling and driving the safe haven dollar up from a two-week low, said a Reuters report. Oil prices managed to stabilize after Tuesday’s slump. But the market remained shaky, with the International Energy Agency (IEA) warning of unprecedented uncertainty in oil markets due to the economic environment and political risk, it added.
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