Top things to know before the stock market opens today
Top things to know before the stock market opens today, 19 January 2022
Good morning and welcome to the morning report before the Indian stock market opens today, 19 Jan 2022.
Asian markets are mostly trading in the red on Wednesday amid negative cues from Wall Street overnight. Nikkei and Shanghai are trading lower by 1.76 percent and 0.06 percent respectively whereas Hang Seng is trading marginally higher 0.05 percent. The SGX Nifty is trading flat to the negative, down only 18 points at 18120 levels. The indication getting from the global markets is negative, Indian stock markets are likely to start in a cautious mode.
Global Stock Market Updates
The US market indexes fell sharply on Tuesday as bond yields hit two years high. Investors are worried whether the Federal Reserve will hike interest rates quickly and aggressively than expected. Among the key benchmark indexes, Nasdaq fell the most due to selling pressure in technology share.
The US market indexes, Dow Jones and S&P 500 fell 1.51 percent and 1.84 percent respectively, while tech-heavy Nasdaq was down by 2.60 percent on Tuesday.
European markets closed lower on Tuesday as rising bond yields kept equities under pressure and traders bet on an early rise in US interest rates. European market indexes FTSE fell 0.63 percent while CAC and DAX were down by 0.94 percent and 1.01 percent respectively on Tuesday.
Indian Stock Market Updates
Indian stock markets closed lower on Tuesday amid negative cues from the Asian and European markets. The last hour’s selling pressure dragged Sensex and Nifty around a percent lower on Tuesday. Institutional selling was witnessed on Tuesday as FIIs and DIIs both were the sellers in the cash segment. FIIs sold Rs 1254.95 crore while DIIs sold Rs 220.20 crore in the cash market on 18 January.
News and updates you should know before the market opens today, 19 Jan 2022
Crude oil prices rose 7-year high on rising geopolitical tension, concerns over omicron variants, and tension in Europe and the Middle East are key factors for driving the rally.
Today’s Q3 Earnings- Bajaj Auto, JSW Energy, ICICI Lombard General Insurance Company, Larsen & Toubro Infotech, Mastak, Rallies India, Saregama India, Tata Communication, and others
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Happy Investing!!
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