SGX Helpful Hints on 1.5% Gain; ITC, PNB, Zomato, PB Fintech, Paytm, United Spirits In Focus
Shares in Asia rose on Wednesday amid lower oil prices ahead of the impending decision by the Federal Reserve.
Shares advanced in Japan, South Korea and Australia. S&P 500 and Nasdaq 100 contracts fell after a rally in Wall Street on Tuesday. Singapore-traded SGX Nifty, an early barometer of India’s Nifty 50 index, rose 1.71% to 16,937.50 points as of 6:45 AM
Treasuries had changed little ahead of the Fed’s decision on Wednesday. The dollar was stable. Gold surged as bitcoin plunged to $39,200 levels
Crude oil fluctuated after falling below $100 a barrel. Signs that nuclear talks with Iran may resume are pointing to the possibility of increased supply, while Covid lockdowns in China could curb demand.
This post SGX Helpful Hints on 1.5% Gain; ITC, PNB, Zomato, PB Fintech, Paytm, United Spirits In Focus was original published at “https://www.bloombergquint.com/markets/share-market-live-sgx-nifty-gains-17-itc-zomato-punjab-national-bank-paytm-united-spirits-in-focus”