INSUBCONTINENT EXCLUSIVE:
At 7:30 am, the Nifty futures were trading weaker by 0.8 per cent on Singapore Stock Exchange.The domestic markets are likely to open in the
in India, with 81 points loss
At 7:30 am, the Nifty futures were trading at 11,522, weaker by 81 points or 0.8 per cent on the Singapore Stock Exchange.Asian shares were
set to drift lower on Thursday as concerns about the strength of the recovery from the COVID-19 pandemic remained, even after the United
States Federal Reserve pledged to hold interest rates near zero until at least 2023.Australian S-P/ASX 200 futures lost 0.22 per cent in
Japan's Nikkei 225 futures were flat, while Hong Kong's Hang Seng index futures lost 0.15 per cent.Overnight, the S-P 500 ended lower,
reversing gains late in the day as losses in technology shares outweighed a Federal Reserve statement that stoked optimism it would keep
United States interest rates near zero for a prolonged period.The Dow Jones rose 0.13 per cent, the S-P 500 lost 0.46 per cent and Nasdaq
Composite dropped 1.25 per cent.Meanwhile, oil prices jumped more than 4 per cent on Wednesday, following a drawdown in United States crude
and gasoline inventories and as Hurricane Sally forced a swath of United States offshore production to shut.Brent crude settled at $42.22 a
barrel, up $1.69, or 4.2 per cent
to register a nearly three-week peak; the Sensex ended 258.50 points - or 0.66 per cent - higher at 39,302.85 and Nifty settled at
11,604.55, up 82.75 points - or 0.72 per cent.
