iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Shares may extend fall amid negative global cues

2 Jun 2022 , 08:15 AM

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 72 points at the opening bell. Global Markets: The US Dow Jones index futures were up 14 points, indicating a flat to positive opening in the US stocks today. Asian shares were mixed on Thursday, amid worries over high inflation and the threat of recession. US stocks started June with declines amid choppy trading. The Dow shed 176.89 points, or 0.54%. The S&P 500 fell 0.75%, and the Nasdaq Composite retreated 0.72%. The number of April job openings, released Wednesday, declined sharply from the previous month ? but the findings suggest the job market remains tight. Further, the Institute for Supply Management said its manufacturing PMI came in at 56.1 for May, up from 55.4 the month before. In the commodities market, Brent crude for August 2022 settlement was down $2.59 or 2.23% at $113.70 a barrel. The losses came after the media reported Saudi Arabia is ready to pump more oil if Russian output declines. Domestic Equity Market: The key equity barometers ended with small losses on Wednesday, declining for the second trading session. A sharp rise in crude oil prices spooked investors. The jump in oil prices threatens to upend Indias fiscal math and economic projections. The barometer index, the S&P BSE Sensex, was down 185.24 points or 0.33% to 55,381.17. The Nifty 50 index fell 61.80 points or 0.37% to 16,522.75. Foreign portfolio investors (FPIs) sold shares worth Rs 1,930.16 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 984.11 crore in the Indian equity market on 1 June 2022, provisional data showed. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.