Market Savera - 04/09/2024
Description
U.S. stocks finished sharply lower on Tuesday to begin a historically tough month of the year for the market, as investors evaluated weak manufacturing data that reignited concerns over an economic slowdown.
U.S. and global benchmark crude-oil prices fell sharply on Tuesday to turn lower year to date, as downbeat economic data from China and a weak reading on the U.S. manufacturing sector fed worries about a slowdown in energy demand.
Govt. to sell up to 6.8% stake in GICRE through OFS
Oil and Natural Gas Corp. is considering setting up a multibillion-dollar refinery and petrochemical project in the UP.
IEX records 35.8% growth in August.
Asia-Pacific markets fell sharply on Wednesday, led by Japan’s Nikkei 225 after U.S. tech stocks sold off and weak U.S. economic data sparked recession fears.
Nifty rose for the fourteenth consecutive session on Sept 03. At close, Nifty was up 1 points at 25279. 8 Nifty once again remained in a narrow 86-point range through the day. Nifty could face resistance in the 25360-25400 band while 24972 could offer support in the near term.
Indian markets could open lower, in line with lower Asian markets today and negative US markets on Sept 03.