Explore
Active Stocks
Thu Jan 16 2025 14:57:13
  1. Tata Steel share price
  2. 127.70 0.91%
  1. State Bank Of India share price
  2. 764.00 1.33%
  1. Tata Motors share price
  2. 774.00 1.38%
  1. Reliance Industries share price
  2. 1,265.25 1.03%
  1. Power Grid Corporation Of India share price
  2. 298.00 -0.22%
Business News/ Markets / Live Blog/  Sensex jumps 616 pts; Nifty ends near 16,000; Bajaj twins, HUL top gainers
BackBack

Sensex jumps 616 pts; Nifty ends near 16,000; Bajaj twins, HUL top gainers

19 min read . Updated: 06 Jul 2022, 03:49 PM IST
Madhumita Sen Choudhury

Stock Market Closing: Sensex and Nifty ended near the day's high on Wednesday led by FMCG, banks & financials and auto stocks. Easing inflation worries amid a slump in crude oil prices supported sentiment in the domestic market

Stock Market Today:Indices trading in greenPremium
Stock Market Today:Indices trading in green

Indian share indices ended 1.2% higher on Wednesday as soft crude oil prices supported sentiment. FMCG, banks & financials and auto stocks led the rally. Stocks dipped in Asia today as fears of an economic downturn lingered over financial markets, leaving the dollar hovering at the highest level in more than two years. 

06 Jul 2022, 08:00:11 AM IST

Crude oil futures gain 3%

Crude oil futures rose nearly 3% on Wednesday as investors piled back in after the heavy rout in the previous session, shifting their focus again to supply concerns even as worries about a recession mounted.

Brent crude futures rose $2.82, or 2.7%, to $105.59 a barrel by 1222 GMT, after plunging 9.5% on Tuesday, the biggest daily drop since March.

U.S. West Texas Intermediate crude climbed $2.46, or 2.4%, to $101.95 a barrel, after closing below $100 for the first time since late April.

06 Jul 2022, 07:53:50 AM IST

UK PM names new health secretary, finance minister after Javid, Sunak resign

British Prime Minister Boris Johnson named new UK health secretary and finance minister shortly after health secretary Sajid Javid and chancellor of the exchequer Rishi Sunak tendered their resignation, media reports said.

UK Cabinet chief of staff Steve Barclay has been appointed as the new health secretary. UK education secretary Nadhim Zahawi was named as the new finance minister.

06 Jul 2022, 07:46:58 AM IST

Asian markets weak on fears of economic slowdown

Stocks dipped in Asia on Wednesday as fears of an economic downturn lingered over financial markets, leaving the dollar hovering at the highest level in more than two years.

Falls in Japan, China and Hong Kong hit Asian shares. US futures wavered after a volatile Wall Street session saw equities close up but with little conviction that global shares can escape the clutches of a bear market anytime soon.

Japan’s Topix index dropped 1.4%

South Korea’s Kospi index fell 1.1%

Australia’s S&P/ASX 200 index lost 0.2%

China’s Shanghai Composite index declined 0.6%

Hong Kong’s Hang Seng index retreated 0.7%

06 Jul 2022, 07:35:27 AM IST

Wall Street ends with minor gains overnight

Stock indexes on Wall Street ended with meager gains Tuesday, as a late-afternoon rally led by technology companies stemmed the market's losses after an early slump.

The S&P eked out a gain of 0.2% after having been down 2.2% earlier in the day. The Dow Jones Industrial Average lost 0.4%, while the tech-heavy Nasdaq composite closed 1.7% higher.


Newer Updates Older Updates
Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started

Wait for it…

Log in to our website to save your bookmarks. It'll just take a moment.

Yes, Continue

You are just one step away from creating your watchlist!

Login Now

Wait for it…

Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.

Your session has expired, please login again.

Yes, Continue