INSUBCONTINENT EXCLUSIVE:
On Wednesday, domestic equity indices ended on a lower note.Domestic stock markets are closed on Thursday on account of Muharram, reported
news agency Press Trust of India (PTI)
However, asian stocks, which are open today, rose in early trade, following a second day of gains on global share markets amid easing
investor concern over the impact from the US-China trade war
Globally, oil prices rose for a third day on Thursday amid another draw-down in US inventories and strong US gasoline demand, while signs
OPEC (Organization of the Petroleum Exporting Countries) may not raise output to address shrinking supplies from Iran also supported
prices.Meanwhile, on Wednesday, domestic equity indices ended on a lower note
The SP BSE Sensex settled at 37,121.22, down 169.45 points or 0.45 per cent and the Nifty50 index of the National Stock Exchange (NSE) ended
at 11,234.35, with a loss of 44.55 points or 0.39 per cent
This was the lowest closing levels for markets since late July as wary investors pared their portfolios even as the rupee staged a recovery
single-day gain since March 2017 to close at 72.37 against the US dollar.Leading stock exchanges BSE and NSE have recently received the
securities market regulator SEBI's approval to offer platforms for commodity derivatives trade from October 1, 2018
According to a PTI report, the exchanges would begin trading in commodity derivatives with non-agriculture commodities, followed by
agriculture commodities, statements from both bourses said on Wednesday