Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
29 November, 2014 01:49 IST
Strong global cues to drive market higher
Source: IRIS | 10 Jan, 2013, 08.10AM
Comments  |  Post Comment

Indian equities are likely to open positive on Thursday, Jan. 10, 2013. SGX Nifty is trading at 6,031 (08.08 am), 31 points higher than Wednesday`s close of 6,000.

Asian stocks rose, led by a rally in Japanese exporters, as the yen neared a 2 1/2 year-low after Prime Minister Shinzo Abe urged the central bank to double its inflation target. Japanese benchmark index Nikkei 225 rose 84.38 points, or 0.80%, to trade at 10,662.95.

Crude oil prices retreated Wednesday after a US oil inventory report pointed to large increases in refined petroleum products. Oil prices for US benchmark West Texas Intermediate settled five cents lower at USD 93.10 a barrel. In London, the Brent contract for February finished at USD 111.76 a barrel, losing 18 cents from Tuesday.

US stocks rose on Wednesday, rebounding from two days of losses, as investors turned their focus to the first prominent results of the earnings season. The Dow Jones industrial average gained 61.66 points, or 0.46%, to 13,390.51.

European stocks rose on Wednesday as Alcoa Inc. began the U.S. earnings season with sales that beat projections. UK's benchmark index FTSE 100 advanced 45.02 points, or 0.74%, to end at 6,098.65.

In the spot market, the Dollar Index increased 0.09% to 80.61 (21:24 ET).

World commodity prices fell on Wednesday with the decrease in Reuters Jefferies CRB Index by 0.21%.


Related Articles
Ind-Ra rates Prism Cement's Rs 1,000 mn NCDs at 'A-' - 28-Nov-2014 17:36
IDBI Bank opens Zonal Office in Chandigarh - 28-Nov-2014 16:22
CRISIL reaffirms `AA+/Stable/A1+` on Bharti Airtel - 28-Nov-2014 15:02
State Bank of India shares climb on partnership with Nissan - 28-Nov-2014 14:51
Nissan, SBI enter strategic tie-up to offer vehicle finance options in India - 28-Nov-2014 14:48
ICICI Bank allots 227,650 shares under ESOS - 28-Nov-2014 14:27
Coal India gives nod for MCL project worth Rs 113.63 bn - 28-Nov-2014 14:15
GEPL Capital maintains 'Buy' on VIP Industries; target Rs 123 - 28-Nov-2014 11:34
Ind-Ra affirms Coromandel International at 'AA+' - 28-Nov-2014 10:12
'Accumulate' Tata Steel; target of Rs 530: Prabhudas Lilladher - 27-Nov-2014 18:22
Essar Steel commissions 6 mtpa pellet complex in Odisha - 27-Nov-2014 18:08
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer