By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Indian stock market opened cautious ahead of the RBI monetary policy results – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Indian stock market opened cautious ahead of the RBI monetary policy results – World News Network
Business

Indian stock market opened cautious ahead of the RBI monetary policy results – World News Network

worldnewsnetwork
Last updated: April 5, 2024 12:00 am
worldnewsnetwork 1 year ago
Share
SHARE

New Delhi [India], April 5 (ANI): Indian benchmark indices Sensex and Nifty 50 opened Friday’s trading session with a downward trend, mirroring the losses witnessed in global markets. On Thursday, however, domestic equity indices broke a two-day downtrend and concluded higher ahead of the RBI monetary policy decision.
The Sensex declined by 267 points to 73,956, while the Nifty 50 declines 73 points to 22,451 on the early trade during Friday. Despite this, Nifty 50 formed a small negative candle on the daily chart, indicating substantial resistance at new all-time highs.
Analysis of Nifty Open Interest (OI) data highlights the highest OI on the call side at the 22,800 strike price, followed by the 23,000 strike price, while the highest OI on the put side is observed at the 22,300 strike price.
In the Nifty 50 list, 35 shares on decline while 15 shares opened in advance note during the Friday’s trading session.
In the Asian market scenario, shares declined on Friday, tracking the downturn in US stocks due to uncertainties surrounding interest rates and geopolitical tensions. Australian and Japanese shares witnessed declines, with Hong Kong markets set to resume trading following a holiday.
On the commodity front, oil prices extended gains amid escalating tensions between Israel and Iran, which raised concerns about potential disruptions in oil supply from the Middle East. Meanwhile, gold experienced a slight decrease after reaching a fresh record earlier in the week, while copper continued its rally to a 14-month high, driven by rising supply risks.
“Investors are closely monitoring the US nonfarm payrolls data for March, expected to show robust job additions, potentially influencing the Federal Reserve’s stance on interest rates. Fed officials’ statements regarding rate cuts also contributed to market sentiment, with some suggesting a possible shift in the central bank’s policy stance in the coming months” says Varun Aggarwal, Founder and Managing Director, Profit idea. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Seagram’s Royal Stag Strengthens Its Cultural Resonance with Four New Influential Voices: Sidharth Malhotra, Badshah, Naga Chaitanya and Payal Dhare – World News Network

IFQM Symposium 2025 Concludes with a Call for Quality & Innovation to Make India Globally Competitive – World News Network

Indian Pharmaceutical Market clocks 8% growth in August: Report – World News Network

Dubai emerges as key higher education hub with 42% international enrolments as Indian students: Report – World News Network

MSME NPAs may rise slightly in export sectors amid global headwinds: Crisil Ratings – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article ICG ship Samudra Paheredar, Vietnam Coast Guard conduct joint training on marine oil pollution response – World News Network
Next Article Greaves Cotton Limited enters into a Technology Transfer Agreement with Tsuyo, to manufacture components designed for low-speed 3-wheelers – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

Assam declares three-day state mourning in honour of Zubeen Garg, CM to receive late singer’s mortal remains – World News Network
Entertainment 15 hours ago
Nagarjuna announces re-release date of his 1989 film ‘Siva’ on father’s 101st birth anniversary – World News Network
Entertainment 15 hours ago
‘Jolly LLB 3’ box office day 1: Akshay, Arshad’s comedy opens with Rs 12.50 crore – World News Network
Entertainment 15 hours ago
“Hindi Films fail to depict the true heroism of Mumbai Police,” says Maharashtra CM Fadnavis – World News Network
Entertainment 15 hours ago

Sports

Asia Cup: India skipper Suryakumar’s hilarious reply on his batting demotion; snubs Pakistan mention after win – World News Network
Sports
‘So thankful he came’: Oman Skipper Jatinder praises Suryakumar Yadav – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Zubeen Garg’s body to be brought back to Guwahati after post-mortem in Singapore, confirms Assam CM – World News Network
Entertainment
Stephen Colbert’s ‘Colbert Report’ character is back to sort out “free-speech crisis” – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?